@teleserv wrote:
Tagteam, thanks for the reply. The $150,000 was not the salary I would take, but the net income of the business itself. And yes, my actual salary does get me a W2.
Who does your payroll? I assume that would either be a payroll service, an accountant or other tax professional.
If it is one of the latter, then I would recommend that you consult with that individual or firm for the preparation of your business income tax return (Form 1120-S) rather than try to prepare the return yourself using TurboTax Business.
