Minvest
Level 3
12-19-2022
07:59 AM
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My client lives in Florida...no sales taxes
He created an S Corp in November 2021...only income is from his business in 2022...he did not work for an employer, so no W-2
No taxes were withheld in 2022
I'm preparing Estimated tax vouchers for him.
My concern is what taxes are due on the $215K salary were are claiming as an expense on his 1120-S tax return.
Thanks for your response.