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Recently a client sold his business (C corp. state conversion to LLC as disregarded entity). IRS approves entity classification via Form 8832. All steps for F r...
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It is included on the W-2 as federal wages with proper benefit code. The question remains how to deduct on the 1040 since the non-owner does not receive a K-1.N...
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Looking for general consensus about the reporting issues.I see some other comments ask about how the non-owner S corp. taxpayer receiving the extra gross income...
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Health Insurance paid for family members (even though not owners) of S Corp. must be included in family members W-2 as federal gross wages (and State gross wage...
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2022 IRS S Corp. Instructions for K-2 and K-3 indicate 2022 have domestic exception similar to 2021.Guess that answers my quesiton.
