pzajic
Returning Member
Member profile
- Replies
- Posts
-
Thanks to both of you for all of your help!
-
@Anonymous_so having just one employee/member effectively saves all members from having to pay tax on the business income distribution that shows up on their K1...
-
@Anonymous_If not FICA taxes, I'm assuming the "non-employee" member would pay the self-employment tax on the income distribution which is approximately the sam...
-
@Anonymous_What I'm asking is if the following scenario is allowed/possible:If I'm an employee/member that paid myself a $50K salary I would pay FICA taxes on t...
-
@Anonymous_does that mean if one of the members is "not" an employee that their portion of income distribution is taxed at the FICA 15.3% while the member who "...
Activity Feed for pzajic
- Posted Re: Do all members of a Multi-member LLC have to be paid a salary when taking the S-Corp Tax Status? on Get your taxes done using TurboTax. May 16, 2022 11:24 AM
- Cheered Re: Do all members of a Multi-member LLC have to be paid a salary when taking the S-Corp Tax Status? for Mike9241. May 16, 2022 11:24 AM
- Cheered Re: Do all members of a Multi-member LLC have to be paid a salary when taking the S-Corp Tax Status? for Anonymous_. May 16, 2022 11:24 AM
- Posted Re: Do all members of a Multi-member LLC have to be paid a salary when taking the S-Corp Tax Status? on Get your taxes done using TurboTax. May 16, 2022 10:31 AM
- Posted Re: Do all members of a Multi-member LLC have to be paid a salary when taking the S-Corp Tax Status? on Get your taxes done using TurboTax. May 16, 2022 10:24 AM
- Posted Re: Do all members of a Multi-member LLC have to be paid a salary when taking the S-Corp Tax Status? on Get your taxes done using TurboTax. May 16, 2022 10:16 AM
- Posted Re: Do all members of a Multi-member LLC have to be paid a salary when taking the S-Corp Tax Status? on Get your taxes done using TurboTax. May 16, 2022 10:05 AM
- Posted Do all members of a Multi-member LLC have to be paid a salary when taking the S-Corp Tax Status? on Get your taxes done using TurboTax. May 16, 2022 9:54 AM