pedz
Level 3

Deductions & credits

Thank you @Carl ... Your insight and @DianeW777 's basic "the S corp reimburses you" clarifies a lot for me.  The corp use to be all of my income since 1994.  Then I changed jobs.  So I know about inventory, assets, depreciation.  I just had this mental block.  The idea of "reimbursement" never cross my mind.

 

Thank you to both!