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New Member
posted Dec 5, 2023 9:21:06 AM

Commissions

We have an S-Corp, the President will get a salary and sales commissions. The Chairman and CEO will take a wage and distributions. I understand the commissions are payroll taxable and the distributions are not.  How do you report the distributions?

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1 Replies
Level 15
Dec 5, 2023 9:50:24 AM

Are you using TurboTax Business?

 

If so, distributions are reported in the interview.