Unemployment compensation generally includes any amount received under an unemployment compensation law of the United States or of a state. Which of the following statements is false?

• A.Benefits received from a company-financed fund, to which you did not contribute, are taxable wages.

• B.Benefits paid to you as an unemployed member of a union out of regular union dues are not included in your gross income.

• C.You may be liable for estimated taxes if you receive unemployment compensation.

• D.Payments you receive from your employer during periods of unemployment, under a union agreement that guarantees you full pay during the year, are taxable as wages.