leased employees

Forum|Forum|6 years ago
March 11, 2020
1 reply
10 views

leased employees can now be considered for payroll for the qbi section 199. Where do I enter the payroll information from the leasing company in the proseries s corp form?

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qbteachmt

Level 15

Leased employees, where there is a Common Law employer, meaning the FICA and other taxes were paid and filed and reported as under the S Corp FEIN, is the same as the corporation having its own payroll:

https://www.thetaxadviser.com/issues/2017/jul/importance-identifying-employer.html

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R

ragreenAuthor

Level 2

agree. But I have the question - on proseries do I enter it under wages and salaries? Trying to find the right box. Thanks to all!

qbteachmt

Level 15

"Enter on line 7 the total compensation of all officers paid or incurred in the trade or business activities of the corporation. The corporation determines who is an officer under the laws of the state where it is incorporated.

Enter on line 8 the total salaries and wages paid or incurred to employees (other than officers) during the tax year."

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