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?

xrak · Feb 5, 2020 9:21:07 PM

<DIV class="lia-quilt-row lia-quilt-row-main"><DIV class="lia-quilt-column lia-quilt-column-24 lia-quilt-column-single lia-quilt-column-main"><DIV class="lia-quilt-column-alley lia-quilt-co[product key removed]e"><DIV class="lia-message-body lia-component-message-view-widget-body lia-component-body-signature-highlight-escalation lia-component-message-view-widget-body-signature-highlight-escalation"><DIV class="lia-message-body-content"><P><SPAN>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?</SPAN></P></DIV></DIV></DIV></DIV></DIV>

posted

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.

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