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I have S corp and hold 100% shares. I pay my wife reasonable…

I have S corp and...
I have S corp and hold 100% shares. I pay my wife reasonable W-2 salary under my S corp but I don't pay myself. Is this ok?
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Answered in 2 minutes by:
3/15/2018
Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 32,711
Experience: Taxes, Immigration, Labor Relations
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Yes - that is Ok if your wife provides majority of services for S-corporation and

you personally just provide minimum services.

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Customer reply replied 1 month ago
great thanks a lot

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