Question: Document1 - Word - Mailings Review View Help Search MA EEEE 21 P.A. IE. . AaBbccdd AaBbccdd AaBbc AaBbcct AaB Aabbed 1 Normal 1 No
Document1 - Word - Mailings Review View Help Search MA EEEE 21 P.A. IE. . AaBbccdd AaBbccdd AaBbc AaBbcct AaB Aabbed 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle - Paragraph Styles Frances McNale is an employee who drives a 2017 Ford C-Max with a fair-market value of $29,500. The lease value is $7,750, according to Publication 15-b. The car was available for 150 days during the year, and she reported that 6,500 of the 27,850 miles were driven for personal purposes. The company pays for all fuel and is charged back to Frances $0.055 per mile. What is the amount of the company-car fringe benefit that will appear on Frances's W-2, using the lease-value rule? hp
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