Case Study 2
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Advanced Small Business Certification Case Study (2024)
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Question 4 / 10
Rowdy Hill (40% shareholder) received the following amounts from Hill Production, Inc. this year.
Salary of $25,000.
Company paid health insurance premiums of $2,100.
Distribution of $4,000.
Travel reimbursements (under an accountable plan) of $2,100.
Review the redacted version of his Form W-2 from Hill Production.
What is the total amount that will be reported on box 3 of this form?
$29,000
$25,000
$27,100
$31,100