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Nov 28, 2024 5:23 AM UTC
Question

Can someone help guide me? I filed my LLC a S Corp. this summer. I need to my taxes.. should I pay myself a salary and my Social Security.. Any recommendations?

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    1 reply

    FishingForAnswers
    Nov 28, 2024 4:49 PM UTC

    @rlvncaspn  Your questions are not very clear; it may help to rephrase them.

     

    In any case, as I understand it, S-Corps require the owners/officers to be on payroll, so you may not have a choice regardless.