TaxGuided
All glossary terms

Glossary term

Reasonable Compensation

The amount of salary an S-corp or closely held corporation owner-employee must receive for services rendered.

Related terms

1

Jurisdictions

us

Definition

The IRS requires owner-employees of S corporations and closely held C corporations to receive reasonable compensation for services before taking distributions. Inadequate compensation can result in reclassification of distributions as wages subject to payroll tax.

Examples

  • An S-corp owner who only takes distributions and no salary risks reclassification of distributions as wages.

Related terms

Translations

EScompensación razonable
ZH合理薪酬
DEangemessene Vergütung
FRrémunération raisonnable
JA合理的報酬

Citations

26 U.S.C. · 162

Related citations

Computed from the cross-reference graph. Links open the related entity on this site.

This entry cites

Cited by

Primary sources

Important disclaimer

This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.