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Level 2
December 7, 2019
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How to account for W2 paid to S corp in Lacerte

  • December 7, 2019
  • 1 reply
  • 13 views
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Best answer by IRonMaN

You don't.  S corps can't walk or talk and therefore they can't earn wages.  So someone screwed something up along the path to year end.  So I need to ask - who created it and why is there a W-2 involved here?

1 reply

IRonMaN
IRonMaNAnswer
Level 15
December 7, 2019

You don't.  S corps can't walk or talk and therefore they can't earn wages.  So someone screwed something up along the path to year end.  So I need to ask - who created it and why is there a W-2 involved here?

Slava Ukraini!
meosAuthor
Level 2
December 7, 2019
I know. He worked for this office (a PLLC) and they paid him under his EIN. Then they found out and gave him a 1099-MISC. So he got both a W-2 and a 1099-MISC for this year. I don't know how to account for the W-2.