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Level 1
Jan 17, 2022 2:12 PM UTC

how are common paymaster wages reported

common paymaster permits parent co to pay employees who work at parent's subsidiary co. on the parent co. payroll account.  When filing the subsidiary's 1120s return how is the employee's and officer's compensation reflected on the 1120s 1125E Compensation of Officers and 1120s page 1, line 8 salaries & wages.  

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    qbteachmt
    Level 15
    Jan 17, 2022 4:48 PM UTC
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