Can a taxpayer with ITIN (resides in US) create an S Corp and pay himself w-2? - Spidell

Can a taxpayer with ITIN (resides in US) create an S Corp and pay himself w-2?

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Message Board Can a taxpayer with ITIN (resides in US) create an S Corp and pay himself w-2?

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    • #213130
      Anonymous
      Member

      Facts:

      An ITIN client forms a C Corp (sales in construction field) . No SSN. Resides in US 100%.

      The shareholder is the only one who does the work.

      Question:

      Is it a viable option to  make an S election and issue w-2 to the shareholder who only has an ITIN?

      Thank you!

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