Should the amount in Salaries and Wages Paid box be the salary before taxes are taken out or the after? EX: Paid 100K full salary/comp. Tax = 20K. Do I enter 100K or 80K?

posted

Connect with an expert

1 Best answer

Accepted Solutions

Should the amount in Salaries and Wages Paid box be the salary before taxes are taken out or the after? EX: Paid 100K full salary/comp. Tax = 20K. Do I enter 100K or 80K?

"Salaries & Wages" would be the gross amount paid, in this case $100,000.

View solution in original post

4 Replies

Should the amount in Salaries and Wages Paid box be the salary before taxes are taken out or the after? EX: Paid 100K full salary/comp. Tax = 20K. Do I enter 100K or 80K?

"Salaries & Wages" would be the gross amount paid, in this case $100,000.

Should the amount in Salaries and Wages Paid box be the salary before taxes are taken out or the after? EX: Paid 100K full salary/comp. Tax = 20K. Do I enter 100K or 80K?

Perfect. Thank you.

Should the amount in Salaries and Wages Paid box be the salary before taxes are taken out or the after? EX: Paid 100K full salary/comp. Tax = 20K. Do I enter 100K or 80K?

You are welcome.

Should the amount in Salaries and Wages Paid box be the salary before taxes are taken out or the after? EX: Paid 100K full salary/comp. Tax = 20K. Do I enter 100K or 80K?

So is the net amount entered or the total cost paid for an employee

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Expert does your taxes

Do it yourself

Resources

Support

Should the amount in Salaries and Wages Paid box be the salary before taxes are taken out or the after? EX: Paid 100K full salary/comp. Tax = 20K. Do I enter 100K or 80K?

Should the amount in Salaries and Wages Paid box be the salary before taxes are taken out or the after? EX: Paid 100K full salary/comp. Tax = 20K. Do I enter 100K or 80K?

Should the amount in Salaries and Wages Paid box be the salary before taxes are taken out or the after? EX: Paid 100K full salary/comp. Tax = 20K. Do I enter 100K or 80K?

Should the amount in Salaries and Wages Paid box be the salary before taxes are taken out or the after? EX: Paid 100K full salary/comp. Tax = 20K. Do I enter 100K or 80K?

Should the amount in Salaries and Wages Paid box be the salary before taxes are taken out or the after? EX: Paid 100K full salary/comp. Tax = 20K. Do I enter 100K or 80K?

Should the amount in Salaries and Wages Paid box be the salary before taxes are taken out or the after? EX: Paid 100K full salary/comp. Tax = 20K. Do I enter 100K or 80K?

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

Should the amount in Salaries and Wages Paid box be the salary before taxes are taken out or the after? EX: Paid 100K full salary/comp. Tax = 20K. Do I enter 100K or 80K?

Do you have an Intuit account?

Should the amount in Salaries and Wages Paid box be the salary before taxes are taken out or the after? EX: Paid 100K full salary/comp. Tax = 20K. Do I enter 100K or 80K?

Should the amount in Salaries and Wages Paid box be the salary before taxes are taken out or the after? EX: Paid 100K full salary/comp. Tax = 20K. Do I enter 100K or 80K?

Should the amount in Salaries and Wages Paid box be the salary before taxes are taken out or the after? EX: Paid 100K full salary/comp. Tax = 20K. Do I enter 100K or 80K?

Should the amount in Salaries and Wages Paid box be the salary before taxes are taken out or the after? EX: Paid 100K full salary/comp. Tax = 20K. Do I enter 100K or 80K?

Should the amount in Salaries and Wages Paid box be the salary before taxes are taken out or the after? EX: Paid 100K full salary/comp. Tax = 20K. Do I enter 100K or 80K?

Unlock tailored help options in your account.

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert