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Old 01-15-2003, 06:41 AM
walkerdavis
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Overseas Married Status tax questions


What is the name of your state? Texas

I am on a 2 year "married status" assignment in Saudi Arabia. I have two questions regarding taxes. 1) My family and I live in a compound. My company provides the housing and we were told that this was the only choice for accomodation. I have been told that due to this, the housing is not counted as taxable income. Is this so? 2) My two young daughters attend an American/ British school here. This also is the only option for schools and my company pays the tuition (lot of $$$). Is this counted as taxable income to me? Many thanks....
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Old 01-15-2003, 12:24 PM
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1. Yes. If you must live in the compound, free housing is not taxable to you & you can file form 2555-EZ.

2. No. This is a fringe benefit. A very nice one, but it's still a fringe benefit & not taxable to you.
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Old 01-16-2003, 03:46 AM
walkerdavis
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Thanks for the input. Would you mind letting me know where this is mentioned in the tax code? Thanks.....
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