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S-Corps can split payouts to the owner into wages and dividends while all LLC income is equivalent to wages. Wages are subject to social security and medicare
by kjurka 11y ago
S-Corps can split payouts to the owner into wages and dividends while all LLC income is equivalent to wages. Wages are subject to social security and medicare taxes that dividends are not.
- icedchai 11y agoI think you mean distributions (S Corp), not dividends (C corp), but I get your point.