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Business & farm
That would not be wise ... the IRS expects the S-corp to pay the owner a wage and report it on a W-2 ... what you can do is figure out how much you will pay yourself all year and divide it by 12 and report the income quarterly as required even if you do not actually pay out the funds in even amounts.
‎June 19, 2020
12:21 PM
1,000 Views