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Asked a question 4 months ago

If I pay someone salary of $150K and then provide medical benefits and 401K matching of $10K: is the $150K capped at $100K and then I get $10K more for the benefits (i.e. $110K)? Or is wages PLUS benefits capped at $100K (i.e. $100K total cap)? This is both for the maximum loan amount calculation and the forgiveness calculation.

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I read that the payroll for those with salaries over $100K is excluded for the amount in excess of $100K. What about ... for base salary or total compensation?

Is retirement benefits and medical benefits included in the $100K compensation limit? I ask this for both the maximum loan calculation, and the forgiveness calculation

Regarding the $100k annualized cap for a single employee or owner, I'd like to make sure my audit trail is accurate and ... by operating cash and not the PPP?

Regarding PPP: Are the payroll costs for those with a salary greater than $100K completely excluded, or are they only covered up to $100K?

1. Does the $100k cap include benefits? 2. We have a significant increase in payroll due to doubling our staff late last ... under the Payroll Protection Program?

On loan forgiveness, the terms exclude wages over $100,000. Does that mean that any employee who makes $100,000 annually ... and benefits forgiveness calculation?