Jakyasar Posted December 15, 2020 Posted December 15, 2020 Hi all I was asked the following (hopefully asking correctly): Owner of corporation got 20k salary in PPP monies and 50k salary from corporation thus 70k w-2 for 2020. Wants ps deduction for 2020. Which amount can the corporation contribute and deduct for? 50k or 70k? Thank you
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