TPApril Posted June 18, 2021 Share Posted June 18, 2021 Sometimes I gotta ask a question that seems obvious but who knows... Are there options for types of pay to consider as eligible pay for a one-person S-Corp other than W-2 pay? Looking at the Plan Doc is not an option as plan is being set up right now. Link to comment Share on other sites More sharing options...
shERPA Posted June 18, 2021 Share Posted June 18, 2021 No options. John Feldt ERPA CPC QPA 1 I carry stuff uphill for others who get all the glory. Link to comment Share on other sites More sharing options...
C. B. Zeller Posted June 21, 2021 Share Posted June 21, 2021 Sure, you can use any of the 415 safe harbor definitions of comp. If the question is, can you use the shareholder's passthrough income reported on their Schedule K-1, that answer is NO. jsample 1 Free advice is worth what you paid for it. Do not rely on the information provided in this post for any purpose, including (but not limited to): tax planning, compliance with ERISA or the IRC, investing or other forms of fortune-telling, bird identification, relationship advice, or spiritual guidance. Corey B. Zeller, MSEA, CPC, QPA, QKA Preferred Pension Planning Corp.corey@pppc.co Link to comment Share on other sites More sharing options...
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