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ram1
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Do you pay taxes on undistributed earnings which is sitting in S corp account while filing taxes?

 
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‎June 4, 2019 4:52 PM
last updated ‎June 04, 2019 4:52 PM
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DDollar
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Do you pay taxes on undistributed earnings which is sitting in S corp account while filing taxes?

All S-Corp earnings, whether distributed or not, are reported to shareholders on Form K-1 and included in shareholders taxable income. 

‎June 4, 2019 4:52 PM
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