Got an LLC with ONE employee. When doing taxes, do I fill total GROSS WAGES for employee on my schedule C form, or do I fill net gross and separately SS and medicare tax?
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1 Best answer
MinhT
Expert Alumni
Jun 4, 2019 12:16:08 PM
On the schedule C, you report your emplyee's gross wages under Wages (line 26). Your employer's share of SS and Medicare and federal and state unemployment taxes are reported under Taxes and licenses (line 23).
1 Replies
MinhT
Expert Alumni
Jun 4, 2019 12:16:08 PM
On the schedule C, you report your emplyee's gross wages under Wages (line 26). Your employer's share of SS and Medicare and federal and state unemployment taxes are reported under Taxes and licenses (line 23).