Business S Corp Form 1120-S - Salaries and Wages Employee
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Wages and salaries paid should be entered on Line 8 within Form 1120-S U.S. Income Tax Return for an S Corporation. Payroll and state taxes paid should be entered on Line 12.

To enter this information in your tax return:

  1. From within your TaxAct return (Online or Desktop), click Federal, then click Deductions (on smaller devices, click in the top left corner of your screen, then click Federal).
  2. Click Review next to Salaries and wages, enter your totals in the provided fields, then click Continue.
  3. Click Review next to Taxes and licenses, then click + Add State Taxes and Licenses to create a new copy of the form or click Edit to review a form already created (desktop program: click Review instead of Edit).
  4. On the screen titled State Taxes, enter your totals in the provided fields, then click Continue.
  5. On the screen titled Other Taxes Paid, enter your totals in the provided fields, then click Continue.