Hello,
I am new to this forum and joined it to ask for help. We are in a tricky situation and i hope I find answers for us here.
Here is my question:
I found information on few websites that provide info about free housing that could be counted as income. It says income that is not subject to taxation could be also counted as well as taxable income. I found that we will need to prove the nature and amount of any income that is not included as wages or salary and further I found this could be shown on w 2 form in box 13, form 1099 or other documents that show the claimed income.
My husband lives on site where he works. The employer provides free apartment as a part of his work agreement. However when asked the employer said he can not put that on the W 2 form because it is not counted as income. My husband was left with the impression it is counted as income because the original work offer was to lower my husbands pay and provide him with free rent instead and he has a letter from the employer explaining and he was asked to sign it but it is not an official paperwork. However now we were told that per his employment agreement he is required to live on site and it is also written in his work agreement, the employer has done that so he can avoid problems with IRS. Which again explains why he can not give us proof that this is part of my husbands income and includes it on my husbands W-2.
Now my question is. If we have a copy of the work agreement that states my husband is obligated to live on site but not pay rent, and a copy of the rental lease that shows since what date we live on site plus an official letter that quotes the rate for the apartment unit we live in per month and then we add the unofficial letter that my husband signed that explains the lowering of his pay because of moving to live on sight plus 2 paycheck stubs that show that change of pay do you think this could be counted as enough documentation to count it as income.
Our problem consist of the fact that if he was getting paid the regular pay he would of go more than 125% of the poverty level but because of this agreement /which he was convinced is going to be counted as income/ he is not able to cover it.
Also additional question is, if the employer does not want to write a letter of employment can 1 year of pay stubs cover this part of the requirements.
Thank you so much for your time any help will be appreciated so he knows to collect the paperwork on time.
Have a nice day
I am new to this forum and joined it to ask for help. We are in a tricky situation and i hope I find answers for us here.
Here is my question:
I found information on few websites that provide info about free housing that could be counted as income. It says income that is not subject to taxation could be also counted as well as taxable income. I found that we will need to prove the nature and amount of any income that is not included as wages or salary and further I found this could be shown on w 2 form in box 13, form 1099 or other documents that show the claimed income.
My husband lives on site where he works. The employer provides free apartment as a part of his work agreement. However when asked the employer said he can not put that on the W 2 form because it is not counted as income. My husband was left with the impression it is counted as income because the original work offer was to lower my husbands pay and provide him with free rent instead and he has a letter from the employer explaining and he was asked to sign it but it is not an official paperwork. However now we were told that per his employment agreement he is required to live on site and it is also written in his work agreement, the employer has done that so he can avoid problems with IRS. Which again explains why he can not give us proof that this is part of my husbands income and includes it on my husbands W-2.
Now my question is. If we have a copy of the work agreement that states my husband is obligated to live on site but not pay rent, and a copy of the rental lease that shows since what date we live on site plus an official letter that quotes the rate for the apartment unit we live in per month and then we add the unofficial letter that my husband signed that explains the lowering of his pay because of moving to live on sight plus 2 paycheck stubs that show that change of pay do you think this could be counted as enough documentation to count it as income.
Our problem consist of the fact that if he was getting paid the regular pay he would of go more than 125% of the poverty level but because of this agreement /which he was convinced is going to be counted as income/ he is not able to cover it.
Also additional question is, if the employer does not want to write a letter of employment can 1 year of pay stubs cover this part of the requirements.
Thank you so much for your time any help will be appreciated so he knows to collect the paperwork on time.
Have a nice day