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"Pay any employees?" question
I am a partner (and active working employee) in a S-Corp and trying to put my K1 income into my return...when entering business info I have come to section asking if I pay any employees. The business does pay me and my partners...but I was confused as to how to answer the question. I think since I am actually just preparing my personal tax return (NOT the tax return for the business - that is done by CPA who provides each of us K1) that I should answer "No" - is that correct?
March 9, 2022
1:27 PM