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New Member
posted Jun 6, 2019 12:32:02 AM

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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1 Best answer
New Member
Jun 6, 2019 12:32:04 AM

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.

5 Replies
New Member
Jun 6, 2019 12:32:04 AM

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.

New Member
Jun 6, 2019 12:32:05 AM

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.

New Member
Jun 6, 2019 12:32:07 AM

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

New Member
Jun 6, 2019 12:32:09 AM

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

New Member
Feb 10, 2021 7:54:57 AM

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?