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by oijaf888
4481 days ago
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Interesting, that's contrary to what I've heard from multiple sources (and pretty much all literature about the subject that I can find) about S-Corp distributions (again assuming you are being paid a market salary that you would hire someone at to perform similar tasks). |
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What you're talking about does not apply to LLCs, it is a special situation only related to S-Corps. Generally speaking, pass-throughs such as LLCs all distributions are taxed as self-employment wages, except under certain conditions.