Get your taxes done using TurboTax

"instead of"...No.

 

Any person who performs services/work for the company must receive a fair market wage before any profits can be distributed.  Likewise, anyone who does not perform work for the company should not receive a wage.

 

If you and your wife perform work for the company, you both get wages on W-2s.  If you perform work and your wife does not, you get a W-2 salary and your wife does not.