I am a Sole Proprietor of an LLC who mistakenly paid myself as an employee via an online payroll for Q1 & Q2 of 2016. I have stopped paying myself via payroll.
I have another employee, so I had to generate W2 for the business, which includes myself.
Should I enter my W2 from my business in TT?
Or can I reverse/reclassify those payments & amend the W2 to remove my name?
You'll need to sign in or create an account to connect with an expert.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
NancyWolfe
Level 2
jc0011
New Member
wilsontax1
New Member
lzbwilcox
Level 1
jawckey
Level 4