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All Forum Posts by: Char Bacheh

Char Bacheh has started 8 posts and replied 20 times.

Post: help with the calculation

Char BachehPosted
  • Posts 20
  • Votes 0

i made 30k throughout the year, why is it when i put the full 30k on my schedule c i get a refund, and when i put 25k on schedule c and 5k as a distribution from my s corp i owe money, i thought distributions dont have SE tax?

i am filling out a certificate of change for my corp in order to revoke a registered agent,

is there a number i can fax it over in NY?

@Carl Fischer thank you so much!

@Patrick M Nichols and @Carl Fischer

thank you for all your help!

@Patrick M Nichols so what do i do if i didnt pay myself a wage in 2018?

@Carl Fischer yes a 1099 from the s corp

@Carl Fischer 

i pay myself a 1099?

i opened my corp in July and wasn't able to take a wage as  the corp made like 6-8k can i just take a distribution, what would you recommend i do?

is there a way to i can put it on sch k-1 and not pay taxes?

i made around 8k on my s-corp and i took that money out and put it into my llc how would i have to report it?

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