Tax Year Prior to 2020: As a S Corp owner, I paid W2 wages to myself. When doing my corp federal tax returns, Do I enter such wages in "officer's compensation" or should I include my wages in "employe...
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Tax Year Prior to 2020: As a S Corp owner, I paid W2 wages to myself. When doing my corp federal tax returns, Do I enter such wages in "officer's compensation" or should I include my wages in "employee salary"?
So for the Officers compensation on 1120S I would use Box 3 amount from a W2, correct?
Tax Year Prior to 2020: As a S Corp owner, I paid W2 wages to myself. When doing my corp federal tax returns, Do I enter such wages in "officer's compensation" or should I include my wages in "employee salary"?
If nothing was excluded from the SS wages then yes.