Question
How do I process a one time paycheck to myself for my S-Corp?
I am the owner and only employee of my company. I made $30k profit this year and haven't paid myself anything so far. I want to pay myself $6k salary and $6k bonus to and be compliant with IRS.
How do I do a 1 time payroll check. If I add myself as an employee and give myself $6k salary and try to run a payroll it is dividing that by 12 months and only trying to pay me a few hundred dollars?