Also, am I considered an owner, officer, or shareholder? Some questions ask if I paid an officer or a 2% shareholder. I own 100% of the company. Which one of these am I? Thanks much
You'll need to sign in or create an account to connect with an expert.
You are an owner, officer and a shareholder. You own 100% shareholder and you are a 2% shareholder. If the S-Corporation paid you wages and issued you a W-2, it paid an officer and a 2% shareholder.
You are an owner, officer and a shareholder. You own 100% shareholder and you are a 2% shareholder. If the S-Corporation paid you wages and issued you a W-2, it paid an officer and a 2% shareholder.
The previous answer makes no sense. If you are talking about the question in TurboTax, if you read carefully, it says: Wages for Shareholders who are NOT Officers, then Wages for Officers. So you should put your wages in the second box.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Charliepdl2
New Member
krien2009
New Member
kiMurphy
Level 2
77aa3cb72278
New Member
anne-brooks
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.