Client's S Corporation Gross receipts are $381,000.

He pays himself a salary of $215,000

He has misc. expenses of $20,410

His business income is therefore $145,814 (381,100-215,000-20,410)

I will report the $145,814 on Schedule K-1 (Form 1120-S).

I show him owing Federal taxes of $25,091

Does he have to report the $215,000 salary any other place and pay any other taxes?

Thanks for your responses!