Not sure what part of the K-1 you are referring to, but this makes sense.
Your W-2 wages will be reported to you on your W-2.
This is an expense of the S corporation, and as such, is then allocated to the shareholder's based on their respective ownership percentage.
*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.
