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?
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