Follow-up to your comments:
1) The $1,000 paid for the stock is not income. It is a capital contribution. This assumes that this individual in fact paid this amount.
2) Based on your facts, it does not sound as if you have really started your trade or business. It appears that you are still in the start-up phase.
3) If that is the case, then all expenditures are capitalized as either start-up costs or organizational costs. These can be expenses or amortized once the business begins business. See the attached link that provides an overview of this area:<a rel="nofollow" target="_blank" href="
https://www.thebalancesmb.com/how-to-deduct-startup-costs-on-business-taxes-397608">https://www.theb...>
4) Based on your facts and follow-up comments, as I stated previously, I don't believe you have started your business. As such, everything spent at this point is either capital contribution or capitalized as a start-up, organizations, or capitalized in some other category. You will be able to start amortizing these expenses once you begin your business.
5) If you have not started business, then your 1120S should only include a balance sheet and nothing else.
6) Based on the facts, I would not worry about the salary matter until 2019.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
