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  • Re: CA LLC taxed as an S Corp, wondering tax implications for dividend distribution. Wondering how its taxed, lets say salary is 45,000 USD and 100,000 in dividend.
Mike9241
Level 15 Mike9241
Level 15
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Get your taxes done using TurboTax

@luuinhaler the distribution is not taxed unless it exceeds your tax basis in the S-Corp. 

‎December 20, 2022 9:47 AM
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