Report 1120S wages in General Chat Posted February 8, 2021 On 1120S: How do I seperate wages, health care coverage, taxes, retirement....? Line 7 Comp of Officers: What goes there? Is it gross pay, OR is it gross pay subtract Cafe 125 and 401K, OR is Gross pay subtract Cafe 125. Line 8 Salaries and Wages: Same question Line 12 taxes and licenses: Total FICA taxes paid by employer for all employees including shareholders? (FUTA etc...) Line 17 pension and profit sharing: ? Line 18 Employee Benefits: Employer matching 401k? Line 19: Employer cost of Health insurance? I know a lot else goes there but specifically concerned about health care coverage.
1120S wages
in General Chat
Posted
On 1120S: How do I seperate wages, health care coverage, taxes, retirement....?
Line 7 Comp of Officers: What goes there? Is it gross pay, OR is it gross pay subtract Cafe 125 and 401K, OR is Gross pay subtract Cafe 125.
Line 8 Salaries and Wages: Same question
Line 12 taxes and licenses: Total FICA taxes paid by employer for all employees including shareholders? (FUTA etc...)
Line 17 pension and profit sharing: ?
Line 18 Employee Benefits: Employer matching 401k?
Line 19: Employer cost of Health insurance? I know a lot else goes there but specifically concerned about health care coverage.