User talk:WIBadgerCPA

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Where to put Owner's Distribution ?

Is this correct? I took a reasonable Salary. Then about $9k in Owner's distribution. that does NOT get deducted as an expense and stays in the corporation as a profit correct? So it doesn't show at all on the corporate return? But it also does not carry over to the personal return? Is that correct? Please advise. Thanks. Larry

Owner's Distribution

Where to put Owner's Distribution ? Is this correct? I took a reasonable Salary. Then about $9k in Owner's distribution. that does NOT get deducted as an expense and stays in the corporation as a profit correct? So it doesn't show at all on the corporate return? But it also does not carry over to the personal return? Is that correct? Please advise. Thanks. Larry Larry-wts 08:48, 28 September 2008 (CDT)

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