Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

194
Posts
214
Votes
Chase Hoover
  • Real Estate Broker
  • Staunton, VA
214
Votes |
194
Posts

S-Corp - Should I pay wife separate salary if we file jointly?

Chase Hoover
  • Real Estate Broker
  • Staunton, VA
Posted

My business is an S-Corp.  My wife recently quit her job and joined my business full-time.  We are married filing jointly.  Currently my payroll is set up where we each receive a (very modest) salary.  Are we over-complicating this?  Both salaries are direct-deposited into the same bank account.  Is there an argument for just setting one salary?

Loading replies...