"Personal expenses will never be deducted from wages. They will appear as a non-deductible expense of the corporation. For instance, if you have business income of $10,000 and business expense of $8,000 [including wages], and personal expenses of $1,000 in your Sub S corp, you will report $2,000 income from the Sub S corp, in addition to whatever you took as salary."Thanks for the reply. Why would personal expenses ever show up for the corporation (deductable or not)?If $8,000 of the expenses included $5,000 of wages, shouldn't the $1,000 in personal dog food expenses be invisible to the corp? Wouldn't it just come out of wages, at the personal level?Many thanks for your thoughts on this.-Mike
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