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First Time LLC with S-Corp Election
Yay!
I'm a self-proprietor LLC, with no employees, recently granted the election to file as an S-corp. So now I can divide my income into a "Salary" amount and a "Dividend" amount. I use TTAX "Home and Business". Where do enter my "salary" portion and where do I enter my "dividends" portion? Or do I absolutely need to use TTAX "Self-Employed", instead? Thanks!
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‎April 11, 2022
12:48 PM