[Verse 1] Clock in, clock out, your paycheck's waiting there Salary and wages flowing through the air But hold up, there's more than meets the eye Benefits and perks that multiply Company car keys, housing that's free Stock options dangling like fruit from a tree Sections five through eight will show the way What counts as income on your payday [Chorus] Employment income, subdivision A Every dollar earned must come to play Automobiles and homes they give Stock options help your wealth to live Deductions slim but they exist Don't let a single one be missed Five through eight, one-ten-one-D Employment income, can't break free [Verse 2] Automobile benefit's a tricky game Standby charge burning through your claim Two percent per month of the cost Operating benefits can't be tossed Housing benefit's the fair market rent Minus what you paid, that's what's sent To your income slip, no escape route Every taxable benefit bears fruit [Chorus] Employment income, subdivision A Every dollar earned must come to play Automobiles and homes they give Stock options help your wealth to live Deductions slim but they exist Don't let a single one be missed Five through eight, one-ten-one-D Employment income, can't break free [Bridge] Stock option magic, here's the trick Half the benefit you can pick One-ten-one-D deduction saves When exercise price truly pays Employment use of auto, home Allowances wherever you roam Reasonable or not, test each case Income inclusion sets the pace [Verse 3] Permitted deductions, rare as gold Union dues and expenses bold Supplies you bought with your own cash Tools of trade that make a splash Professional memberships that count Office rent in small amount Traveling salesperson's special break Home office costs they let you take [Chorus] Employment income, subdivision A Every dollar earned must come to play Automobiles and homes they give Stock options help your wealth to live Deductions slim but they exist Don't let a single one be missed Five through eight, one-ten-one-D Employment income, can't break free [Outro] When employment income calls your name Remember subdivision A's the game Benefits included, deductions few Stock option deduction pulls you through
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