What Is A Highly Compensated Employee 2024
What Is A Highly Compensated Employee 2024. Understand what an hce is and the irs rules these employees must follow. The dollar limitation concerning the definition of a key.
The irs defines a highly compensated, or “key,” employee according to the following criteria: Owned more than 5% of the interest in the business at any time during the year or the preceding year, regardless of how much.