Saturday, July 16, 2011

If I have a C-Corp and want to pay myself a salary will i be taxed 15.3% through the corp and then as wages?

So, would I have to pay a self-employment tax through the Corp and also pay taxes as a wage? For example, pay myself a salary of $20,000 a year and the corp pays $3060 and then I pay at years end taxes on $20,000 as an individual? Thank you for clarifying.

No comments:

Post a Comment