Discussion:One Man S-Corp, health insurance & auto
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| Revision as of 15:29, 28 April 2009 Dsnyccpa (Talk | contribs) (New Discussion) ← Previous diff |
Revision as of 16:52, 28 April 2009 Jdugancpa (Talk | contribs) (Can't speak to N) Next diff → |
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| {{ForumNewPost|UserID=Dsnyccpa|Date=28 April 2009|Text=Hi all, | {{ForumNewPost|UserID=Dsnyccpa|Date=28 April 2009|Text=Hi all, | ||
| For quarterly 941 does the wages reported have to include items such as health insurance and auto? Also, do most states follow federal convention (I'm curious most about NJ)? Thanks}} | For quarterly 941 does the wages reported have to include items such as health insurance and auto? Also, do most states follow federal convention (I'm curious most about NJ)? Thanks}} | ||
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| + | {{ForumReplyPost|UserID=Jdugancpa|Date=28 April 2009|Text=Can't speak to NJ rules, but yes, SEHI should be included on Form 941 Line 2 wages, but should not be included on Line 5 wages. As to auto, if he is driving a company vehicle and has personal use, it is supposed to be included in wages quarterly, but many do not get it in until year end.}} | ||
Revision as of 16:52, 28 April 2009
Discussion Forum Index --> Advanced Tax Questions --> One Man S-Corp, health insurance & auto
Discussion Forum Index --> Tax Questions --> One Man S-Corp, health insurance & auto
| 28 April 2009 | |
| Hi all,
For quarterly 941 does the wages reported have to include items such as health insurance and auto? Also, do most states follow federal convention (I'm curious most about NJ)? Thanks | |
| 28 April 2009 | |
| Can't speak to NJ rules, but yes, SEHI should be included on Form 941 Line 2 wages, but should not be included on Line 5 wages. As to auto, if he is driving a company vehicle and has personal use, it is supposed to be included in wages quarterly, but many do not get it in until year end. | |
