Taxes - My Tax Return

Are the taxi fares I receive for working in an unsafe area, taxable to me ?

Answer:

If you are not considered a highly compensated employee or officer, corporate director or owner of 1% or more of the company and your employer pays for your taxi because you are working in a "unsafe" area, then only $1.50 for each one way trip is taxable to you. Speak to your local CPA about the "unsafe" definition and the taxi payments deductibility.
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Answer Provided by: CPAdirectory

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