Maharu’s question from the Your Guide: Sole prop, LLC, or S-Corp webinar with
Question
Do we still pay federal and state income tax on S corp salary?
+7- HoneyBook Community Team
+4Hi Maharu!
Yes, your S-Corp salary is subject to payroll taxes (as you process payroll) and income taxes (when you file your annual taxes), distributions are only subject to income tax.
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