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This article applies to:

  • Product: UltraTax CS
  • Return type: 1120 Corporation

Officer's compensation

Officer's compensation is allocated to all shareholders. You enter the compensation on the
Inc
 window in the
Income & Deductions
 folder. If the
Qualifies as trade or business for Section 199A
 field indicates
Yes
, the officer's compensation is allocated to all shareholders based on their ownership percentage.

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