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Excluded Payroll Costs

Updated on

  • Compensation of an individual employee in excess of an annual salary of $100,000, as prorated for the period February 15, to June 30, 2020
  • Payroll taxes, railroad retirement taxes, and income taxes
  • Anycompensationofanemployeewhoseprincipalplaceof residence is outside of the United States
  • Qualifiedsickleavewagesforwhichacreditisallowedundersection 7001 of the Families First Coronavirus Response Act (Public Law 116– 5 127); or qualified family leave wages for which a credit is allowed under section 7003 of the Families First Coronavirus Response Act
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