JulieCo
New Member

Business & farm

You should enter the gross pay amount (the $6,000) as compensation expenses in TurboTax and then can enter the employer portion of the FICA/MCARE as payroll taxes in TurboTax which would be 1/2 of the $186 for SS (or $93) and 1/2 of the $43.50 Medicare (or $21.75).

The remaining amount of taxes withheld are the employee portion which reduces their net pay to the $200/month so those are not deductible expenses to the SCorp.

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