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Get your taxes done using TurboTax
Yes, as long as you report the income on your S-Corp return, you should be fine. The process outlined by Expert JohnB will flag the income entry on your 1040 return, allowing the IRS to match the two. Also note that your SSN is associated with your S-Corp EIN because you are a member of the S-Corp.
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‎February 13, 2023
5:32 AM