- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
@Anonymous wrote:
Thanks I am using hypothetical numbers. What is fair?
Paying yourself $50,000, in your earlier hypothetical, while your S corporation has a net profit of $150,000 (purely as a result of trades you have initiated) would in no way be considered "fair".
As others have indicated, you need professional tax guidance.
‎October 17, 2021
5:30 PM