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Paying yourself a salary from an S corp

Varies

Can You Write Off Paying Yourself a Salary From an S Corp?

Short answer: Yes: reasonable W-2 salary to an S corp owner is deductible to the company and taxed to you.

S corp owners must pay themselves reasonable W-2 wages before taking distributions; distributions aren't deductible to the company.

Records to keep: Keep receipts or invoices, proof of payment, and a note of the business purpose for each expense.