You'll need to sign in or create an account to connect with an expert.
There is no one answer to your question. The IRS only expects that shareholder's be paid a reasonable salary for the services they perform before any distributions are made to owners. There is no magic formula or IRS guide for reasonable salary.
There is no one answer to your question. The IRS only expects that shareholder's be paid a reasonable salary for the services they perform before any distributions are made to owners. There is no magic formula or IRS guide for reasonable salary.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Jaredn94
New Member
tammytraylor
New Member
dh_wi-hotmail-co
New Member
neyney64
New Member
nessa1614
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.