Converting LLC to S Corp

[stech]

I submitted form 2553 via fax last week. When do I start payroll for myself? I don’t know if my election is approved. Created an LLC in 2023. Will be filing Sch C for 2023 taxes. For 2024 I want S Corp status. 

do I call IRS to confirm. Will I be penalized if I’m approve later and I didn’t file payroll taxes?

This is my S Corp.  no employee. Can I pay myself every 6 months? Or does it have to be weekly/monthly 

[Mike9241]

as a practical matter as long as you don't take distributions before salary, you can wait until year-end. 

consult with a pro to discuss reasonable compensation and registering to file payroll tax returns especially since not only do federal 941s need to be filed but federal unemployment taxes and possibly state payroll tax returns as well. also discuss whether the S-corp needs to carry worker's compensation insurance.  

ues can arise when distributions are taken and then some or all is reclassified later in the year as salary.