Auto Lease Inclusion

[Zee]

If using the annual leave value method for inclusion in an employee's wages, gas provided is a separate item. What about the value of the automobile insurance? Should it also be included in the employee's wages based on the ratio of personal/business use?

[Bees Knees]

TTB, page 13-30, "The annual lease value includes the FMV of maintenance and insurance. If the employer does not pay for maintenance or insurance, the annual lease value cannot be reduced. However, the cost of fuel is not included in the annual lease value..."