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An employee is provided with a cell phone by their employer for work purposes. The...

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Accounting

An employee is provided with a cell phone by their employer for work purposes. The employer has a policy requiring the employee to be reachable outside of office hours for urgent work matters. Based on the information provided by the IRS in 2011, how will the employee's business and personal use of the employer-provided cell phone be treated for tax purposes?
All phone usage (business and personal) will be considered taxable income to the employee
Only the business usage will be considered a taxable benefit to the employee
The employee will need to maintain detailed records of business and personal phone usage
The business and personal use of the phone will generally be non-taxable to the employee

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