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    1120 line 12

    cneedham12
    Level 1

    Should line 12 from 1120 - be reported on 1040 - as wages when filing corporation owner personal ?taxes

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    5 Comments 5
    sjrcpa
    Level 15

    The shareholder's W-2 from the corporation should be reported as wages on his 1040.


    The more I know the more I don’t know.
    IRonMaN
    Level 15

    Once upon a time I would have made a comment about a post like this, but I get awfully lonely standing in that corner so I am just going to smile and move on 😁


    Slava Ukraini!
    qbteachmt
    Level 15

    @IRonMaN 

    There are enough of us on that corner to start a doo-wop group.

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    Don't yell at us; we're volunteers
    dd4vols
    Level 11
    Level 11

    the 5-Star Google rated ones, have their own corner....  🙂

    If an answer solves your issue, click on the "Mark as Best Answer" button! Makes it easier for people to find answers to similar questions that have already been posted.
    IRonMaN
    Level 15

    We haven't seen Five Star for awhile.  He must be too busy shining up those stars of his to pay us a visit.  


    Slava Ukraini!