Imputed income refers to non-cash benefits or services provided by employers that are considered taxable income by the IRS. Common examples include employer-paid life insurance coverage exceeding $50,000, as the cost of the excess coverage is taxable. Personal use of a company vehicle also generates imputed income, calculated based on mileage or fair market value. Additionally, employer-provided gym memberships, wellness programs, or athletic facilities may be taxable unless they qualify for specific exclusions. Another example is dependent care assistance above the annual IRS limit ($5,000), where amounts over this threshold count as imputed income. If an employer covers an employee’s moving expenses (unless for qualified military moves), the value is typically taxable. Similarly, discounted products or services given to employees beyond a de minimis threshold may be considered imputed income. Employer-provided housing or lodging, unless for the employer’s convenience (e.g., on-site security personnel), can also be taxable. Health insurance premiums paid for domestic partners or non-dependent relatives often count as imputed income unless the partner qualifies as a tax-dependent. Even forgiven loans or debt relief from an employer may be treated as taxable income. Understanding these examples helps employees anticipate potential tax implications and ensures proper reporting on their W-2 forms.