For purposes of the payroll factor, which of the following amounts generally constitute "compensation"?
A)Cash wages paid to an employee involved in manufacturing
B)Nontaxable fringe benefits
C)Cash payments to independent contractors
D)Cash wages paid to an employee involved in the management of nonbusiness assets
E)All of the above

Question

Quizplus · Accepted Answer

"Compensation" generally refers to cash wages paid to employees involved in the production of income. Nontaxable fringe benefits and cash payments to independent contractors are excluded from compensation for the payroll factor. Cash wages paid to an employee involved in the management of nonbusiness assets are also excluded from compensation.

For Purposes of the Payroll Factor, Which of the Following