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D
debrad2
April 16, 2025
Question

should I enter an amount in salaries & wages for 100% owner?

  • April 16, 2025
  • 1 reply
  • 0 views
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    1 reply

    SharonD007
    SharonD007
    April 16, 2025

    It depends. The procedures for compensating yourself for your efforts in carrying on a trade or business will depend on the type of business structure you elect.

     

    Refer to the IRS topic Paying yourself for more information. 

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