HOPE2
Level 9
09-24-2023
04:19 PM
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Hi to all. On 1120-S when reach part VI asks number of employee w2s issued for 2022. My question is, if S-Corp has 2 shareholder employees who got reasonable comp with w-2 and 5 non-shareholder employees this number would be 7 or 5?
Also, asks for some returns required to be filed like 940 or 941, it means along with this 1120-S or forms which already filed timely by payroll provider? Should mark 940 or 941?
Thanks for your help.
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Level 12
09-24-2023
04:31 PM
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7 employees to your first question.
Second question.. 940/941, refers to returns already filed or will be filed.