I would like to take an S corp distribution at the end of the year as the owner of the S corp. Can I do this with quickbooks payroll online?

Distribution = Write Check to yourself and post from Equity.

This is not payroll and has nothing to do with payroll. It would be only After a reasonable payroll wage has been paid to you through the year for the work you perform for the company.

You are not an Owner. You are a Shareholder. If you work for the business, you are Employee-Shareholder.

Please see my attachment.