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S corp compensation
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Strongsilence-C
Level 10
Wednesday
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Hooty Hoo
In ITA I have selected the S Corp compensation strategy and ITA lowered the 2025 compensation from 2024 by 30K. It didn't disclose the methodology for the new salary. I'd like to know more about its choice of salary.
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Strongsilence-C
Level 10
yesterday
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Update: Tech support does not know. There is a video on this topic, but it doesn't shed light on my question.
George4Tacks
Level 15
yesterday
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It is likely using one of many possible "how to compute reasonable compensation" formulae. Have you played with various modifications on your own to see what the effect is?
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