Is an S-Corp required to pay the sole owner/employee a wage if the S-Corp only has passive income?

Personal Finance & Money Asked on December 31, 2020

S-Corp has passive income; does the single person owner need to be paid a wage on payroll?

payroll taxes s corporation united states

Add your own answers!

Ask a Question

Get help from others!

Recent Questions

How can I transform graph image into a tikzpicture LaTeX code?
How Do I Get The Ifruit App Off Of Gta 5 / Grand Theft Auto 5
Iv’e designed a space elevator using a series of lasers. do you know anybody i could submit the designs too that could manufacture the concept and put it to use
Need help finding a book. Female OP protagonist, magic
Why is the WWF pending games (“Your turn”) area replaced w/ a column of “Bonus & Reward”gift boxes?

Recent Answers

Peter Machado on Why fry rice before boiling?
Lex on Does Google Analytics track 404 page responses as valid page views?
Joshua Engel on Why fry rice before boiling?
Jon Church on Why fry rice before boiling?
haakon.io on Why fry rice before boiling?

© 2024 TransWikia.com. All rights reserved. Sites we Love: PCI Database, UKBizDB, Menu Kuliner, Sharing RPP