Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
It would be my pleasure to help you add yourself on a weekly payroll to receive a check, @urnessmju-gmail-.
An S corps needs payroll because the IRS needs to have a way to collect taxes from the business. Therefore, you need to pay yourself a salary if you own a corporation and are engaged in its day-to-day operations.
To do this, set up yourself as an employee in QuickBooks. For detailed steps, please visit this article: Add a new employee to your payroll.
Then, proceed in creating a schedule to pay yourself. Here's how:
For more insights, you may check out this article: Set up and manage payroll schedules.
In addition, I've attached some resources to help you create a paycheck and how to pay and file federal and state taxes:
Feel free to comment down below if you have further questions about managing payroll in QuickBooks. I'll be around to keep helping you. Stay safe and take care.
Hi, @urnessmju-gmail-.
Hope you’re doing great. I wanted to see how everything is going about adding yourself to the weekly payroll concern you had the other day. Was it resolved? Do you need any additional help or clarification? If you do, just let me know. I’d be happy to help you at any time.
Looking forward to your reply. Have a pleasant day ahead!
This only answers part of the question. When setting this up, we're also faced with the question "what is your company type" -- do we choose Limited liability company or limited liability corporation?
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.
For more information visit our Security Center or to report suspicious websites you can contact us here