- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
EmployEE contributions to the Simple IRA have to be included in their gross wages which are reported on lines 7/8. The total of lines 7 and 8 of your form 1120-S should be equal the Medicare wages in box 5 of your form W-3 (not box 1).
The EmployER contribution should be reported on line 17 of form 1120-S.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 13, 2022
8:46 AM