AccountingBLOCK

boolean · 03-08-2008, 10:52 AM

If you are the sole shareholder of an incorporated business, is there ever an instance where you would pay your wife (W-2 or 1099) for doing work in the business?

Does the filing status (such as married filing single) have anything to do with this scenario?

ZaddY · 03-08-2008, 10:54 AM

Yes, this can be done. It doesn't honestly matter what the wife's filing status is....

amd87 · 03-09-2008, 08:19 PM

Make your wife one of the officers, why are you just making her an employee?

03-08-2008, 10:52 AM	#1 (permalink)
boolean Status: n00b Join Date: Mar 2008 Location: Florida Posts: 15 Credits: 245	Paying your wife W-2 If you are the sole shareholder of an incorporated business, is there ever an instance where you would pay your wife (W-2 or 1099) for doing work in the business? Does the filing status (such as married filing single) have anything to do with this scenario?

03-08-2008, 10:54 AM	#2 (permalink)
ZaddY Status: Owner/Administrator Join Date: Mar 2008 Location: Bay Area, CA Posts: 121 Credits: 3,606	Yes, this can be done. It doesn't honestly matter what the wife's filing status is.... __________________ Owner Zindah, Inc. A.A Accounting B.S Accounting

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03-09-2008, 08:19 PM	#3 (permalink)
amd87 Status: n00b Join Date: Mar 2008 Posts: 13 Credits: 223	Make your wife one of the officers, why are you just making her an employee?

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