lmlm18
New Member

Self employed

Ok, understood. But if last year (2022) my corporation had net income of $72k and that is what I am claiming as my wage on the K1 (I didn't give myself a W2), then should I just input that amount under the business tab when filing? 

 

Basically what I am trying to say is that for last year I am claiming every $ of profit as a wage, so I assume I need to file under the business tab so that business taxes, social security, medicare amounts are all paid?