Just-Lisa-Now-
Level 15
05-29-2021
08:46 AM
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"Paid himself a salary during the year..."
On payroll and was issued a W2?
"Does the profit of 15k gets taxed on the Shareholder's 1040 whether he/she received distribution or not"
Yes.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪