This will be my first year filing as an S-corp. During beginning of the year, I had very low income and therefor only issued myself W2 income in the amount of $3,000. I ended up have more income toward the end of the year but did not issue myself anymore W2 income. When it came to tax time I realized I did not pay myself a reasonable salary" so I issued myself a 1099 to make up the difference. Where would I enter the 1099 income? Would it be considered a deduction to ordinary business income?
