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How to file W2 for an S-Corp for one of the owners, when that owner also has another job and w2 from that job and withholding from that
I have an LLC with my wife and I as the equal partners. I have also elected to be treated as an S-Corp that started business in March of 2019. I am new to all this so I figured I will file everything when the time comes. I did not know that I should be providing W2s for each of us as we are supporting this business. I have not withheld any taxes, but now I have to create a W2 for myself and my wife for the S-Corp. We also have another job, where we have been getting W2s and withholding taxes.
My question is that can I create W2s with 0 federal withholding?
Thanks
‎January 3, 2020
12:50 PM