turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Event: Ask the Experts about your refund > RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Enter Salaries and Wages Paid - Net or Gross

For the "Salaries Paid" (to officers in my case), should I enter the net amount (the total of checks written), or the Payroll gross amount? 

Thanks

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

Enter Salaries and Wages Paid - Net or Gross

on what form but generally gross.

 

Enter Salaries and Wages Paid - Net or Gross

 

I'm referring to "Federal Taxes", then "Deductions", then the area called "Compensation and Benefits", then "Salaries and Wages Paid".   I was thinking some of the payroll taxes go on 12 of the 1120-S. 

Thanks

Enter Salaries and Wages Paid - Net or Gross

Only the payroll taxes paid by the company is reported in the payroll taxes section since the GROSS wages are reported in the wages section (which includes the amount withheld for the employee portion of the payroll taxes). 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies