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kinsey-carlene
New Member

For a small business owner, are federal taxes paid from an employee's check deductible as a business expense? If so, where do they go on Schedule C?

 
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MinhT
Expert Alumni

For a small business owner, are federal taxes paid from an employee's check deductible as a business expense? If so, where do they go on Schedule C?

Federal tax withheld from an employee's paycheck is not deductible as a business expense.

Payroll taxes (which are the employer's share of FICA taxes and unemployment tax) are deductible as a business expense under Taxes and Licenses.

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MinhT
Expert Alumni

For a small business owner, are federal taxes paid from an employee's check deductible as a business expense? If so, where do they go on Schedule C?

Federal tax withheld from an employee's paycheck is not deductible as a business expense.

Payroll taxes (which are the employer's share of FICA taxes and unemployment tax) are deductible as a business expense under Taxes and Licenses.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

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