Allowance or the use of an apartment rent-free

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Reference no: EM13991171

1. Ikleberry is a self-employed fisherman. He buys a health insurance policy by donating 1,000 salmon filets to the Nordisk Insurance Company's annual Christmas party. During the year, Ikleberry receives $321 in reimbursements from the plan.

2. Salina is an apartment manager and is id $6,000 per year. The owner of the apartments offered her the option of a $300-per-month living allowance or the use of an apartment rent-free. Salina chose to live in the apartment, which normally rents for $400 per month.

Reference no: EM13991171

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