I have a c-corp that I pay myself from. (I pay the payroll taxes etc like a true employee)
I know the means test is based on the last 6 mos of income.
I paid myelf in Nov of '07 the last time. I will pay myself again in a week or so.
IF I FILED NEXT MONTH, I WILL BASE MY INCOME FOR THE LAST 6MONTHS NOV - APRIL. SINCE I DID NOT PAY MYSELF IN DEC AND JAN, WILL SIMPLY ADD UP THE LAST SIX MONTHS AND FIND OUT WHAT THE AVERAGE IS PER MONTH?
IS THAT OK? WILL THE TRUSTEE REQUIRE TO SEE SIX MONTHS OF CONSECUTIVE PAY?
I know the means test is based on the last 6 mos of income.
I paid myelf in Nov of '07 the last time. I will pay myself again in a week or so.
IF I FILED NEXT MONTH, I WILL BASE MY INCOME FOR THE LAST 6MONTHS NOV - APRIL. SINCE I DID NOT PAY MYSELF IN DEC AND JAN, WILL SIMPLY ADD UP THE LAST SIX MONTHS AND FIND OUT WHAT THE AVERAGE IS PER MONTH?
IS THAT OK? WILL THE TRUSTEE REQUIRE TO SEE SIX MONTHS OF CONSECUTIVE PAY?
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