Household income for purpose of the premium tax credit includes all of the following except: a. AGI of the taxpayer b. AGI of the taxpayer's dependents if required to file a return c. Any tax-exempt income d. Nontaxable Social Security benefits e. All of the above are included in household income

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A: The correct answer for the above question is given in the following steps for your reference.

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Fringe Benefit Tax

Fringe benefits are in addition to the compensation that companies give to their employees. It is an additional benefit above the stated salary. It helps to keep the employees of the firm motivated as sometimes the only salary is not enough to retain the quality employees of the firm. There are different types of fringe benefits. Fringe benefits are given in both private as well as public enterprises.