Rev. Rul. 84-92

FACTS

Rev. Rul. 72-341, 1972-2 C.B. 32, holds that payments by a corporation to its employees resulting from a suit for violation of Title VII of the Civil Rights Act of 1964 are includible in the employees' gross income as compensation and are wages for purposes of the Federal Insurance Contributions Act, the Federal Unemployment Tax Act, and federal income tax withholding.

HOLDING

Payments made to employees by an employer, as defined in section 3231(a) of the Internal Revenue Code, that are includible in their gross incomes pursuant to Rev. Rul. 72-341 are "compensation" for purposes of the Railroad Retirement Tax Act.

EFFECTS ON OTHER DOCUMENTS

Rev. Rul. 72-341 is amplified.