Ca Scorp - Compensation and benefits - Calculate Salaries and Wages and Payroll Taxes?

[sltaxguy]

Hi I'm filing my Scorp for the first time.  I have a payroll service that issues a check to me and my wife once a month.  

Question:

1) Calculating Salaries and wages - do I simply add the figures in Box 1 of the W2

2) Payroll Taxes - What boxes do I add together to come up with this figure?

Thanks a bunch,

Wayne

[CatinaT1]

Wages paid will be in box 3 and 5 of your W2.  Your payroll tax expense will not be listed on the W2.  You should have a report from your payroll company that shows the payroll tax expense paid.  This is not taxes withheld and paid by the employee (you and your wife) but the company portion of payroll taxes.

[sltaxguy]

Thanks Tina,

Just to be clear:

I called the payroll company, they gave me totals paid for 2019 for FED, SSI, Medicare, Cal, Disability.  so, now what?  

Thanks Wayne

[sltaxguy]

please... what do you mean "the company's portion of the payroll taxes.  I don't see that figure in any of my payroll reports.  

Thanks!

[JamesG1]

I think that this is what you want to know.

• Federal withholding is paid by the employee,
• SS is paid one half by the employee and one half by the company,
• Medicare is paid one half by the employee and one half by the company
• I believe that CA disability is paid by the employee.

Don't know about Cal unless that is California withholding tax.  That would be paid by the employee.

If you are the only employee, your pay stub can confirm those things that are in doubt.

.

[picassowinks]

Hellow, this is Kyle R Orozco, and i would like to thank you for conTacting my the other day and i would like to pay for your service for my RAIL ROUD PaYROLL. AS SOON AS YOU AND YOUR EMPLOYERS WITH e-FILE ON THE I.R.S WEBSITE.

[Critter-3]

@picassowinks 

I don't know what you are talking about ... aside from you posted on an old thread this is a forum for Turbotax users to answer income tax questions.