- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
No, a shareholder in a corporation does not make you self-employed.
- As shareholders, owners receive distributions from the profits of the company.
- Some S corporation owners work in the business, and they are taxed as employees for this work and receive a W2
For additional information regarding compensation from an S Corporation where you are a shareholder, please see: IRS: Procedures for Compensation
‎January 24, 2021
11:04 AM