HopeS
Expert Alumni

Business & farm

The Officers' wages should be entered on Schedule E and will flow through to  Line, 7 of Form 1120S (Compensation of Officers). Only the wages of your employees should be reported on Line 8.

 

Officer and Shareholder compensation are added by going to:

  • Federal Taxes
  • Deductions
  • Compensation and Benefits
  • Salaries and Wages

@xpti_23 

 

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