I tried to amend the 1120 return but the Turbotax Business prompted me for "high risk audit alert" after clearing all wages and compensation section to zero. My understanding is that if a company has earning, someone somehow must be working and someone have to pay tax on that earning one way or another.
Anyway I figured out that I could just put that Compensation of Officers to file the Miscellaneous income on my personal tax return and pay a big chunk of tax (more than social security and medicare) for it.
