Dear rhondab_5748:
Thanks for asking your very much related question about compensation of officers in a traditional C-Corporation.
Your answer is that the reporting process is substantially the same on an 1120 as on an 1120-S; so the above advice applies to you as well. If your corporation has receipts in excess of $500,000, and you report Officers Compensation, then you'll use Form 1125-E too (just like an S-Corp). That tax form, again, is included with the C-Corp tax package as part of the TurboTax Business product.
For your reassurance that you've done it (reporting compensation) correctly, you may wish to take a few minutes and look at the actual IRS instructions for Lines 12 and 13 on Form 1120, which can be viewed on Pages 11 and 12 of the official instruction booklet here:
http://www.irs.gov/pub/irs-pdf/i1120.pdfThanks again, and good luck to you!
Regards
