Schedule K-1 & Earned Income

I made an S-corp election last year, filed my business taxes online with turbo tax, and received my K-1 form. 

Now I am filing my personal income taxes and finding after inputting all K-1 info it is using the "Ordinary Business Income" and not the W-2 wages. Questions:

1) Will the tax return only reflect the Ordinary Business Income or will also show the W-2 wages? 

2) The amount that should be owner distribution is under Part III, Box D.

Or Shareholder and Debt Basis Limitations, Part I: Shareholder Stock Basis, Line 6 Distributions (excluding dividend distributions). 

Is this correct? Will it not appear on my personal income tax filing as income? 

Thanks