Is it true that we put 1/2 of our payroll tax payments in on line 12 of 1120S?
Is this number also combined with w2 wages to be included as compensation on line 7 of 1120S?
Does that number include STATE and FED?
IF so- and we take distributions already accounted in an S corp as in other taxable income for in previous years where do the distributions get posted?
If they get entered on line 17d, how do we determine which code to classify them as?
