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D
dsl4qlowdal
April 20, 2023
Question

How do I account for deferred compensation business expense for my S-Corp?

  • April 20, 2023
  • 0 replies
  • 0 views
I have an S-Corp LLC for my consulting business where I am the only consultant.  The vast majority of my compensation is deferred, and matched, into an Individual 401K, so the Box 1 of my W3 is < 10% of my total wages.  What category of business expense should I bucket the deferred compensation into.
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