☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Returning Member
posted Feb 5, 2020 9:21:07 PM

Do I have to pay Unemployment taxes if I have an LLC (run as S-Corp) and the only employee I have is MY SELF?

Do I have to pay Unemployment taxes if I have an LLC (run as S-Corp) and the only employee I have is MY SELF?

0 1 321
1 Replies
Expert Alumni
Feb 6, 2020 6:27:25 AM

Yes, as an S-corporation you are both the owner (shareholder) and employee. You are required to run a payroll for employees, which includes federal, state, federal unemployment and state unemployment taxes.