Hi
For a single member S corp under 50 year old. He has drawn $70000 as gross wages.
Break up us
$37584 Box 1 wages
$22500 Solo 401k Employee deferal
$7750 Employer HSA contribution for family
$4166 Health insurance premium for marketplace and private dental and vision
So my question is what should be wages reported on Schedule K1 for QBID section 19AA.
Should it be $70K or less?
