Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

SC1120S federal payroll tax reduction (Form 8846)

ckevin
Level 3

I have two 1120S clients with the federal tip credit and payroll tax expense reduction.

One client has a SC Bonus Deprec. Adj.  the other client doesn't.

The SC1120S automatically deducted the Federal payroll tax reduction from Form 8846 from the fed. return on the SC1120S with NO Bonus deprec. Adj.

On the SC1120S with a Bonus Deprec. Adj. the Federal payroll tax reduction from Form 8846 was not automatically deducted. I had to manually enter.

Anyone seen this happen?

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here