Jan 25, 2022
2:56:48pm
2:56:48pm
Needs to be an S Corp to make a difference. Pay her a reasonable salary and the
additional income will be taxed as investment income and avoid FICA.
There are a few instances where this can actually hurt a person. If the investment income exceeds the limit to qualify for Earned Income Credit. That limit went from $3,650 in 2020 to $10,000 in 2021.
There are a few instances where this can actually hurt a person. If the investment income exceeds the limit to qualify for Earned Income Credit. That limit went from $3,650 in 2020 to $10,000 in 2021.
Originally posted on Jan 25, 2022 at 2:56:48pm
Message modified by JAGA97 on Jan 25, 2022 at 3:05:19pm
Message modified by JAGA97 on Jan 25, 2022 at 3:07:41pm
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