Keith Spencer

[Keith Spencer @keithwspencer]

@T_Gatzemeier This is great! Two other ideas: 1) SSA-1099 for Social Security benefits. 2) I think the form for HSA contributions is 5498-SA (the 8889 is the form filed with the tax return).

[Keith Spencer @keithwspencer]

For PPP, how is “payroll” defined for an LLC:
1) that has one hourly employee (20-30 hrs/wk) &
2) where the owner pays himself by check monthly (I assume considered owner’s draws)?
Are the owner’s draws included? Or would it be Schedule C net profit + employee pay?
#TaxTwitter