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Wage Compensation for S Corporation Officers

    https://www.irs.gov/pub/irs-news/fs-08-25.pdf
    Generally, an officer of a corporation is an employee of the corporation. The fact that an officer is also a shareholder does not change the requirement that payments to the corporate officer be treated as wages. Courts have consistently held that S corporation officer/shareholders who provide more than minor services to their corporation and ...

S Corporation Employees, Shareholders and Corporate Officers

    https://www.irs.gov/businesses/small-businesses-self-employed/s-corporation-employees-shareholders-and-corporate-officers
    When corporate officers perform a service for the corporation and receive or are entitled to payments, those payments are considered wages. The fact that an officer is also a shareholder does not change this requirement. Such payments to the corporate officer are treated as wages. Courts have consistently held S corporation officers ...

S Corporation Officer Must Take a Salary

    https://www.hallkistler.com/s-corporation-officer-must-take-a-salary/
    Jan 29, 2014 · That’s not an easy question. A professional with an advanced degree who takes a salary of $30,000 a year for the full-time management of an S corporation generating $500,000 in net income would be suspect. But taking a salary of $175,000 a year for a 40-hour week might not be.

Average S Corporation Salaries Compiled from IRS Statistics

    http://www.scorporationsexplained.com/average-s-corporation-salaries.htm
    94 rows · If you set your salary to $40,000, so you exceed the IRS average S corporation salaries …

S Corporations and Salaries: An IRS Hot Button Issue Nolo

    https://www.nolo.com/legal-encyclopedia/s-corporations-salaries-an-irs-hot-button-issue.html
    For example, a CPA who incorporated his practice took a $24,000 annual salary from his S corporation and received $220,000 in dividends which were free of employment taxes. The IRS said that his salary was unreasonably low and that $175,000 of the dividends should be treated as wages subject to employment taxes.

Reasonable Compensation S Corp - Reasonable Shareholder ...

    https://wcginc.com/business-services/s-corp-salary/
    Jun 01, 2020 · Let’s say your reasonable salary is $60,000 and you pay $12,000 in health insurance premiums. You would pay yourself a $48,000 salary but your W-2 Box 1 and Line 7 (Officer Compensation) on your S corporation tax return would show $60,000… however only $48,000 is subjected to Social Security and Medicare taxes.

Reasonable Salary for S-Corporations

    https://www.northwestregisteredagent.com/corporation/s-corp/reasonable-salary
    Joe is the sole owner of an S-corporation. The company makes $250,000 a year, and Joe paid himself a salary of $30,000. After expenses, Joe issued himself $175,000 in dividends for the year. After an IRS audit, it was determined that Joe’s $30,000 salary was unreasonable.

S corp FAQ: How low can you set S corporation salaries?

    http://www.scorporationsexplained.com/How-low-can-you-set-S-corp-salaries.htm
    The IRS provides this salary statistic at its www.irs.gov website. In recent years, the average shareholder-employee salary paid by an S corporation runs roughly $40,000 a year. Obviously, large numbers of S corporations are paying their shareholder-employee modest wages.

C Corp Salary Rules legalzoom.com

    https://info.legalzoom.com/article/c-corp-salary-rules
    Dec 27, 2018 · If the employee's salary is deemed excessive and they are an employee-shareholder, the IRS can order the corporation to distribute the excessive portion of the salary as a dividend. In that case, the entity cannot deduct the amount from its gross income for tax purposes. Salary rules for C corporations can get tricky. As long as you are in ...

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