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Level 2
posted Apr 11, 2023 9:37:36 PM

If I own a C-corporation, do I pay myself a salary with W-2?

If I own a C-corporation, do I pay myself a salary with W-2?

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1 Replies
Level 15
Apr 12, 2023 12:45:33 AM

if you are performing services for the corp you should be getting a salery and that should be reported on a w-2. there are also payroll tax filings.  also as an employee your state may require you to carry workmens compensation insurance.