deanna-tomasett i
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Thanks again. He is the owner of his business (S-Corp), so the form 1120 generates a K-1 that gets reported on our personal return.
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Thank you. It's either 25% of w-2 wages or $58K, whichever is less. Right? The salary he pays himself from the S-Corp is low so that 25% of of w-2 wages is not ...
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