For those of you who have an S-Corp that you pay yourself a "reasonable salary" what is your salary that you report and specialty?
How did you come to this conclusion on what your "reasonable salary" would be from the S-Corp?
I'm at a point where I need to plan to elect S-Corp status and curious what others have done and how they came to that conclusion for that number.
Income for myself is purely 1099 / don't have any other W2 income.
How did you come to this conclusion on what your "reasonable salary" would be from the S-Corp?
I'm at a point where I need to plan to elect S-Corp status and curious what others have done and how they came to that conclusion for that number.
Income for myself is purely 1099 / don't have any other W2 income.