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Can home office expenses be applied to Subchapter S Guaranteed payments

gporterea
Level 1
 
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abctax55
Level 15

Do S-Corps HAVE guaranteed payments ????

Former Chump..oops..AllStar...I used to be a people person, then people ruined it


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abctax55
Level 15

Do S-Corps HAVE guaranteed payments ????

Former Chump..oops..AllStar...I used to be a people person, then people ruined it


If a post answers your question, click on *Accept as solution* for future searches

View solution in original post

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IRonMaN
Level 15
I'm pretty sure I was sick the day they covered that in school.
ACME Taxes, Tatoos, Tires and Tomatoes (I had to get rid of the turtles - they kept running away)
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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:
ACME Taxes, Tatoos, Tires and Tomatoes (I had to get rid of the turtles - they kept running away)
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abctax55
Level 15
Sick - in the head from anvil strikes?  
Yep...up to the normal standard response time.
Former Chump..oops..AllStar...I used to be a people person, then people ruined it


If a post answers your question, click on *Accept as solution* for future searches
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Accountant-Man
Level 11

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

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