conniem123
Employee Tax Expert

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If you create a C Corp, the C Corp may have payroll, which can include yourself.  The C Corp will file payroll reports, including the Form 940 for unemployment and the C Corp pays the unemployment tax. 

 

For the social security tax, the C Corp will file payroll reports, including the Form 941, to submit the social security tax.  Half of the social security tax, or 7.65%,  is withheld from the employee wages, and the employer (the C Corp) is responsible for the other half of the social security tax, or 7.65%.

 

You do not pay any social security tax when filing an individual income tax return, only income tax.

 

Hope you find this helpful!

Connie

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