Qualifying wages definition

Qualifying wages means wages, as defined in section 3121(a) of the Internal Revenue Code, without regard to any wage limitations, adjusted as follows:
Qualifying wages means wages, as defined in section 3121(a) of the Internal Revenue Code, without regard to any wage limitations, adjusted in accordance with section 718.03(A) of the Ohio Revised Code.
Qualifying wages means wages, as defined in section 3121(a) of the Internal Revenue Code, including, but not limited to, severance pay, sick pay, vacation pay and supplemental unemployment benefits paid by an employer or employers, commissions, compensation of personal services, other income defined by statute as taxable, and/or the net profits from operation of a business, profession, or other enterprise or activity adjusted in accordance with the provisions of this chapter, without regard to any wage limitations, and, adjusted as follows:

Examples of Qualifying wages in a sentence

  • Qualifying wages, salaries and other compensation.2. Bonuses, stipends and tip income.3. Commissions, fees and other income.4. Sick pay (including third party sick pay if employer paid premium).5.

  • TAXABLE INCOME – Qualifying wages, and other compensation paid by an employer or employers before any deductions and/or the net profits from the operation of a business, profession or other enterprise or activity adjusted in accordance with the provisions of the ordinance.

  • Current situation: Qualifying wages as defined in ORC 718 allows for the elimination of Section 125 cafeteria plans from inclusion in qualifying wages.

  • Qualifying wages paid by an employer or employers, compensation for personal services, Lottery Winnings, awarded to residents or sold to non residents while in the Village corporate limits, other income defined by statute as taxable, and/or adjusted federal taxable income from the operation of a business, profession, or other enterprise or activity adjusted in accordance with the provisions of this chapter.

  • Qualifying wages paid by an employer or employers, compensation for personal services, other income defined by statute as taxable, and/or adjusted federal taxable income from the operation of a business, profession, or other enterprise or activity adjusted in accordance with the provisions of this Ordinance.


More Definitions of Qualifying wages

Qualifying wages means wages, as defined in section
Qualifying wages means wages, as defined in Section 3121(a) of the Internal Revenue Code, without regard to any wage limitations, adjusted in accordance with Section 718.03(A) of the Ohio Revised Code, including any amendments or successor provisions thereto, to:
Qualifying wages means wages, as defined in section 3121(a) of the Internal Revenue Code, wi thout regard to any wage limitations, adjusted as follows:
Qualifying wages means wages, as defined in Section 3121(a) of the Internal Revenue Code, without regard to any wage limitations, adjusted as provided in division (A)(2) of Section 718.03 of the Revised Code. "Qualifying wages" includes compensation attributable to a nonqualified deferred compensation plan or program as defined in Section 3121(v)(2)(C) of the Internal Revenue Code and compensation arising from the sale, exchange or other disposition of a stock option, the exercise of a stock option, or the sale, exchange or other disposition of stock purchased by the stock option. "Qualifying wages" does not include compensation deferred before January 1, 2008, to the extent that the deferred compensation does not constitute "qualifying wages" when paid or distributed.
Qualifying wages means any wages paid by an employer in which a credit may be claimed under this section.
Qualifying wages means wages as defined in Section 3121(a) of the Internal Revenue Code, without regard to any wage limitations, but including subsequent adjustments from the required additions and deductions set forth in Ohio R.C. 718.03(A)(2). Qualifying wages represent an individual’s income from employment, including non-qualified deferred compensation and stock options, from which City Income Tax shall be deducted by the employer, and any wages not considered a part of Qualifying Wages shall not be taxed by the City. This definition is effective for Taxable Years beginning on and after January 1, 2004.
Qualifying wages means wages, including salaries, commissions, and other compensation, as defined in Section