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Level 3
July 15, 2020
Question

Im filling the 1125-E officer compensation, question, I paid the officer thru Payroll and if I put the officer compensation on the 1125-E will be double as is in wages

  • July 15, 2020
  • 1 reply
  • 9 views
Do i need to subtracted from Wages on the part of the deduction of the tax return
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1 reply

Level 5
July 15, 2020

In general, when reporting wages you'll want to enter the Salaries & wages, other than officers within Deductions > Salaries  and Wages.

Then make seperate input within the Deductions > Officer Compensation screen (or Deductions > Salaries  and Wages > Officer salaries [override]).