Payroll has published a taxable fringe benefit matrix to identify which taxable and nontaxable fringe benefits will flow through pay stubs.
What are Fringe Benefits?
Fringe benefits are extra benefits supplementing an employee’s salary. Common UNM fringe benefits can range from travel reimbursement, tuition remission, discounted season tickets or relocation expenses. Many of these benefits are taxable, but not all. Review the handy Fringe Benefits Matrix to learn more.
The taxable fringe matrix, located at payroll.unm.edu in the Employee Toolbox tab, is meant to be a general guide to show potential taxable events that may impact you.