Add fringe benefits and report imputed pay

Fringe benefits are considered non-cash compensation and are taxed as regular wages. These taxable "wages" are called imputed pay. Examples:

Learn more about imputed pay on our blog.

If you're unsure if you need to enter imputed pay, we suggest you speak with an accountant to find the correct classification for your situation.

Check out our reimbursements article if you need to reimburse employees for expenses. Keep in mind that reimbursements and expense reimbursements are not taxed, and therefore not reported as regular wages.

Imputed pay is added to an employee's gross wages for taxability purposes only. It will not be included in the employee's net pay, since this benefit was already compensated in another form.