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Schedule C #26 Enter Gross Wages

MRG
Level 1

On Schedule C #26 Enter Gross Wages, where do I retrieve this number from? 

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7 Comments 7
IRonMaN
Level 15

From the client income statement or your trial balance


Slava Ukraini!
MRG
Level 1

Income Statement

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MRG
Level 1

Ok, I am looking on the income statement and I would like to know where I would enter workers comp. on Schedule C?

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sjrcpa
Level 15
Just-Lisa-Now-
Level 15
Level 15

I rarely trust a P&L for this, I ask to see the W3/W2s to make sure it matches, too many times I see net payroll as Wages on a P&L


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
judys3
Level 4

I would request copies of the w3, 941, 940 and twc.  A lot of times if accounts aren't set up correctly you aren't seeing gross wages only.  

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judys3
Level 4

line #15 with other insurances.  If you'd like you can list each insurance by name and amount but normally I just enter the totals

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