Deeter
Returning Member

Business & farm

Thanks.   LLC Is manager managed, with wife owning 50% of the shares and being a member.

 

Intention is to report quarterly through EFTPS withholding for taxes for her

 

and produce a W-2 for her at the end of the year.

 

I looked at the articles of incorporation and she was not named as an officer there, but is just a 50% owner.

 

So I'd recognize her as an employee, withhold for taxes and file a W-2 for her at the end of the year.

 

But no W-2 for myself?

 

That seems to be what I am reading.