Remove 2012 Remove Employee Compensation Remove Online Payroll
article thumbnail

What Is Imputed Income? | Payroll Definition and Examples

Patriot Software

Imputed income is adding value to cash or non-cash employee compensation to accurately withhold employment and income taxes. Basically, imputed income is the value of any benefits or services provided to an employee. Need a way to track and calculate taxes related to an employee’s imputed income? What is imputed income?

Payroll 48