Hi everyone,
First time poster here! We have a new accountant this year because our accountant retired. My husband is a physician with an S Corp for which he is the only employee. Our accountant is saying that his non-salary S Corp distributions are "dividends" and are subject to the 3.8% NIIT. I disagree but wanted to ask you all what you thought. Also, if she is incorrect, I don't really know how to handle the situation so any tips on this would be great.
Thanks!
First time poster here! We have a new accountant this year because our accountant retired. My husband is a physician with an S Corp for which he is the only employee. Our accountant is saying that his non-salary S Corp distributions are "dividends" and are subject to the 3.8% NIIT. I disagree but wanted to ask you all what you thought. Also, if she is incorrect, I don't really know how to handle the situation so any tips on this would be great.
Thanks!
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