Employer Paid Intern Housing - 1099-MISC or W-2
I'm hoping you can help... I've searched everywhere and there is no resource that covers this unique situation.
I am a regular W-2 employee. I offered to rent a room to a summer intern of our company and the company paid me directly $300/monthly rent for the three month internship, totalling $900 in payments (instead of paying the intern a housing stipend and then the intern paying me). I wouldn't exactly call this "income" as this was a below fair market value rental rate.
Should I expect the $900 company paid rent to show up on my W-2 or even though I'm an employee, but it's not an employment related expense... would this be a 1099-MISC?
Thank you,
Thoroughly Confused!