A couple of questions:
1) Did you actually pay yourself wages?
2) What was your income level for 2017?
3) Did you make distributions to yourself; not wages but distributions
4) Are you the only employee?
5) I want to understand what you mean by "late S Election". Is it late because it was approved after 2017 or was the election actually filed late?
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
