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-   -   Where On My Taxes Do I Claim Employee Salary ? (https://www.daycare.com/forum/showthread.php?t=85578)

mindi1314 02-27-2017 04:52 PM

Where On My Taxes Do I Claim Employee Salary ?
 
This is the first year I have paid an employee and withheld all necessary taxes. I ended up paying just a bit over $15,000 but using turbotax I cannot figure out where I claim her wages.
Tom can you advise ?

TomCopeland 02-28-2017 09:16 AM

wages
 

Originally Posted by mindi1314:
This is the first year I have paid an employee and withheld all necessary taxes. I ended up paying just a bit over $15,000 but using turbotax I cannot figure out where I claim her wages.
Tom can you advise ?

When entering expenses for your business on Schedule C, TurboTax will have a screen that says "wages." Enter them there. Look for a screen that shows all the expense categories for your business and you will see this.

mindi1314 02-28-2017 12:16 PM

Thank you Tom - you're such an asset to this community !! One last question and I'm sure it's just wishful thinking but do I get to write off the employer portion of taxes I match for my employee ? Thanks so much !

TomCopeland 03-02-2017 09:50 AM

payroll taxes
 

Originally Posted by mindi1314:
Thank you Tom - you're such an asset to this community !! One last question and I'm sure it's just wishful thinking but do I get to write off the employer portion of taxes I match for my employee ? Thanks so much !

Yes, you can deduct your share of all employee payroll taxes that you pay.


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