@WillK Your answer does not address how to respond to the prompt that appears during e-filing asking for:
claiming officer compensation
There are no instructions and there is enough information in the return (2019) for TT to figure this out. However,
as the original poster indicated. I too paid myself a salary and then distributed the remaining profit over the year as needed. Since this is a passthrough, leaving the money in the business account or taking it out makes no difference. I pay tax on it as the sole owner/employee.
SO I suspect the prompt during e-filing is about being sure I took w2 compensation. The wording on the page is terrible.
Please provide clear guidance. Is any of this money "Officer Compensation" in this scenario?
I believe the answer is no.
