An employer's payroll tax expense is usually federal and state payroll taxes not withheld from (and therefore paid by) the employee. Examples include: -State unemployment insurance -Federal unemployment insurance -Other state payroll taxes not withheld f

[Homes4saleUSA]

Hello,

1120 S

Line 12

What amount do I enter under Taxes & Licenses?  I added up social security, medicare, & state unemployment taxes but wasn't sure of the correct amount.

[AliciaP1]

This is correct, but you may have paid Federal unemployment taxes in January 2021 if you reported payroll for 2020.  That would be the only amount of payroll taxes, outside of what you have listed, that would be properly reported here.

[Homes4saleUSA]

So based on the payroll summary I have attached are you getting a total of $2140?

[Homes4saleUSA]

On K-1, line 16b, How did they get this amount? I wasn't sure if I made a mistake because the amount is over $12k.  I am a single member LLC and file as a S corp.

Is part of the amount from a grant I received for $10k? 

[Mike9241]

we can't see what you did. but generally tax-exempt would include municipal interest, life insurance proceeds, 

see this link for more info on grants. some are taxable others are not

https://silvertaxgroup.com/business-grants-taxable-income/ 

[Homes4saleUSA]

Ok thanks- How do I remove it? I keep trying but I'm not sure where.  Also is there a phone number I can call?