Re: 1120 line 12

cneedham12 · ‎05-05-2020

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

sjrcpa · ‎05-05-2020

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 · ‎05-05-2020

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 · ‎05-05-2020

@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 · ‎05-05-2020

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

If an answer solves your issue, click on the "Accept as Solution" button! Makes it easier for people to find answers to similar questions that have already been posted.

IRonMaN · ‎05-05-2020

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!

1120 line 12

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