Taxable Benefit Exemption {optional}#
This component determines the amount of coverage exempt from the calculation of taxable benefit.
Choose the rule that is used as the ‘Taxable Benefit Exemption’ rule.
Rule | Description | Logic | Assoc. | Go to |
---|---|---|---|---|
00 | Use Value from UserCalc | Specify the name of the <User Calc> on the component. The usercalc must be of the type `Function`, with a return value of the type `Numeric`. Use the RET operator to return the numeric value. This value is the taxable benefit exemption. | B1240 | |
01 | Use Value from Element | Specify the name of the <Element> on the com- ponent. The value of the element will be used as the taxable benefit exemption. | B1240 | |
02* | Use Specified Value | Specify the <BC Value> on the component. The specified value is used as the taxable ben- efit exemption. | B1240 |