I recently set up a new business as a single member LLC in the state of Georgia for myself as the only employee. For tax purposes, I filed form 2553 with the IRS asking to be granted tax status as a Sub-S corp (pending). Assuming the IRS grants my request, will I need to start paying GA State Unemployment taxes as a Sub-S with only 1 employee (myself)?
You'll need to sign in or create an account to connect with an expert.
@G_Wheeler wrote:
....will I need to start paying GA State Unemployment taxes as a Sub-S with only 1 employee (myself)?
I'll page Champ @DoninGA but you most likely will since you will be an employee of your corporation.
There may be an exception, however, for the sole shareholder of a corporation.
Sorry this is a section of the GA tax code I am not familiar with to help out.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
feeChiel0M
New Member
Dee2edwards2000
New Member
parachem
Level 2
Rhea-NFJ
New Member
CTL2
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.