Taxgirl1
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Hello, I am so confused. Is the W-2 wages the total wages for all the employees in the company or just the shareholder W-2 wages? If all W-2 wages are 500,000 and out of the $500,000, $100,000 of the W-2 wages were for the sole shareholder in an S corp, which W-2 wages are they referring to? The total of $500,000 or just $100,000? Do you need to make any adjustments for the Shareholders wages of $100,000? Thank you