Accountant-Man
Level 13
08-28-2023
07:08 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Non-resident withholding is not a tax deduction; it is an S corp distribution, and the resident owners, if any, MUST take a pro rata distribution, too, physically paid, not paid to the State, to make sure that the S election is not inadvertently terminated.
** I'm still a champion... of the world! Even without The Lounge.