Yes you should have a code W for the amount of wages the company paid.
Please check your 1120S form to verify that there is an amount on Line 7 for Compensation for Officers and if you have other employees an amount on line 8 Salaries and wages.
If these do not have entries that would be why you do not have a code W on your K-1 form.
The other possibility is that the forms are not ready for filing yet.
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