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100% owner of Scorp need to issue 1099 to pay for himself or have to issue W2 as the officer? what happened if he already issue 1099 MISC 2018?

xuan150279
Level 2
 
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abctax55
Level 15

Amend the F 1099 to zero.

Issue a W-2, AND do the payroll forms (including state) reporting the wages.  

Yes, there will be penalties & interest.  Oh well...bet the client pays attention going forward.

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


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abctax55
Level 15

Amend the F 1099 to zero.

Issue a W-2, AND do the payroll forms (including state) reporting the wages.  

Yes, there will be penalties & interest.  Oh well...bet the client pays attention going forward.

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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qbteachmt
Level 15

I will close this, since it's been asked Again:

https://accountants-community.intuit.com/questions/1815663-salary-payment-to-shareholder-100-owner-o...



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abctax55
Level 15
Jeez...and I answered it twice.  Must be March.
Thanks.
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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