Taxable compensation received from a business does not include:
A) The employee's share of FICA taxes
B) The employer's share of FICA taxes
C) Bonuses paid to the employee
D) Reimbursements for personal expenses

Question

Quizplus · Accepted Answer

The employer's share of FICA taxes is not considered taxable compensation to the employee, as it is a tax paid by the employer on behalf of the employee.

Taxable Compensation Received from a Business Does Not Include