I am a Sole Proprietor of an LLC who mistakenly paid myself as an employee via an online payroll. Should I enter the W2? Or can I reverse those payments & amend the W2?

patrick2 · ‎May 31, 2019

I am a Sole Proprietor of an LLC who mistakenly paid myself as an employee via an online payroll for Q1 & Q2 of 2016. I have stopped paying myself via payroll.

I have another employee, so I had to generate W2 for the business, which includes myself.

Should I enter my W2 from my business in TT?

Or can I reverse/reclassify those payments & amend the W2 to remove my name?

I am a Sole Proprietor of an LLC who mistakenly paid myself as an employee via an online payroll. Should I enter the W2? Or can I reverse those payments &amp; amend the W2?

I am a Sole Proprietor of an LLC who mistakenly paid myself as an employee via an online payroll. Should I enter the W2? Or can I reverse those payments & amend the W2?