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courtney1
New Member

I am the 100% Shareholder and an officer of my S-Corp. Do you enter the total wages in both the Officers box and the >2% Shareholders box?

 
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Accepted Solutions
JulieCo
New Member

I am the 100% Shareholder and an officer of my S-Corp. Do you enter the total wages in both the Officers box and the >2% Shareholders box?

No, just enter the amounts in the >2% shareholder field for those that are both.  The officer field would be for scenarios where there are officers that are not >2% shareholders.

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5 Replies
JulieCo
New Member

I am the 100% Shareholder and an officer of my S-Corp. Do you enter the total wages in both the Officers box and the >2% Shareholders box?

No, just enter the amounts in the >2% shareholder field for those that are both.  The officer field would be for scenarios where there are officers that are not >2% shareholders.

RG-in-PDX
New Member

I am the 100% Shareholder and an officer of my S-Corp. Do you enter the total wages in both the Officers box and the >2% Shareholders box?

I think it's the other way around. You put it in the officer field and use the >2% shareholder field for those that are >2% shareholders but not officers. I did it the way suggested above first and Turbotax corrected me later.
courtney1
New Member

I am the 100% Shareholder and an officer of my S-Corp. Do you enter the total wages in both the Officers box and the >2% Shareholders box?

Thank you for your answers.  Unfortunately, they are in conflict with one another.  Anyone else have a definitive answer?
kaamil
New Member

I am the 100% Shareholder and an officer of my S-Corp. Do you enter the total wages in both the Officers box and the >2% Shareholders box?

RG is correct. When I entered salary for the office who is also the sole shareholder, Turbo Tax assumed that I had not entered any salary for the officers so i went back and corrected it to officers salary. This year Turbo Tax has a lot of bugs which is driving me crazy
whowaaa
New Member

I am the 100% Shareholder and an officer of my S-Corp. Do you enter the total wages in both the Officers box and the >2% Shareholders box?

QB put all my wages into the employee wage box. so is it tracking wrong?  has 0 in the shareholder 2% box and 0 in the officer.  what now? 

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