Anonymous
Not applicable

Education

Thank you.  In this case, would the s-corp owner/officer need to be on a W-2 for some portion of 2020 for this deduction to work?  If so, can this been applied to an off cycle payroll at year end?

 

Is the 5250 considered a Payroll tax deduction ?

 

Does this deduction work if the payroll taxes are deferred unto 2021 because of cares act?