Go to federal taxes and then deductions. Go to Compensation and Benefits to report salaries and deferred compensation. After this is done, this is what it will look like in your tax return.
The $22,500 will appear in profit sharing, pension... smart worksheet between lines 16 & 17 in the 1041 and salaries will appear in Line 8.
Now I assume the $25,000 is the startup costs for the pension plans. That would go on line 1 of the 8881. Then on line 3 is where you would record the number of employees you pay salaries to and this is a credit based off of your (number of employees) X ($250). The 8881 will compare the two amounts and allocate the smaller amount to the smart worksheet I mentioned earlier.
Then the credit will subtract from the $22,000 amount and report the remainder on line 17 on Form 1041. As an FYI, you would need to go to the forms mode in your return and select open form. Type in 8881 and this will generate Form 8881 to record the $25,000 pension startup costs and to calculate the credit for the number of employees in the pension plan. The credit will eventually be reported on Schedule K to be distributed to the shareholders,
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