gporterea
Level 1
 
0 Cheers
abctax55
Level 15

Do S-Corps HAVE guaranteed payments ????

"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"

View solution in original post

0 Cheers
IRonMaN
Level 15
I'm pretty sure I was sick the day they covered that in school.

Slava Ukraini!
0 Cheers
IRonMaN
Level 15
I still can't post comments using Internet Explorer so I have to switch to FireFox if I want to post comments.  I see they got right on that issue when Susan and I brought it up :cry::cry:

Slava Ukraini!
0 Cheers
abctax55
Level 15
Sick - in the head from anvil strikes?  
Yep...up to the normal standard response time.
"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"
0 Cheers
Accountant-Man
Level 13

No, S corps do NOT have anything like Guaranteed Payments.

** I'm still a champion... of the world! Even without The Lounge.
0 Cheers
George4Tacks
Level 15

No, but https://proconnect.intuit.com/articles/home-office-deductions-expenses/


Here's wishing you many Happy Returns
0 Cheers