To add on to this answer:
Section 3121 of the Tax Code defines an officer of a corporation as an "employee", and that the pay for an employee is called "wages".
<a rel="nofollow" target="_blank" href="
https://www.law.cornell.edu/uscode/text/26/3121">https://www.law.cornell.edu/uscode/text/26/3121</a>
That subtitle of the Tax Code is called the "Federal Insurance Contributions Act" (FICA) that requires Social Security and Medicare to be withheld from the employee's pay, and the EMPLOYER must remit that amount, as well as the employer's share, to the IRS. The means to do that is by the quarterly Form 941. Sections 3401 and 3402 has a similar requirement for Federal Income Taxes to be withheld. A similar provision requires Federal Unemployment to be paid by means of Form 940.
<a rel="nofollow" target="_blank" href="
https://www.law.cornell.edu/cfr/text/26/31.6011(a)-1">https://www.law.cornell.edu/cfr/text/26/31.601...>
Because of that, a W-2 must also be filed.
<a rel="nofollow" target="_blank" href="
https://www.law.cornell.edu/cfr/text/26/31.6051-2">https://www.law.cornell.edu/cfr/text/26/31.6051-2...>
