Hi;

For the year ending Dec. 31, 2010, my S-Corp. has a gross income of $55,820.00. After paying myself (salary of $38,500 for year ending Dec. 31, 2010) and other office expenses, the net income stands at approx. $11,700.00.

Does my salary sound reasonable? Or, should I give myself another check before 2010 is done?

FYI: I'm a software developer, but I only work approx. 25 hours per week.

Thanks & your advice is appreciated.

HAPPY HOLIDAYS!

Sincerely, Robert S.