[t829]

> If you organize your business as an S-corporation, you can classify some of your income as salary and some as a distribution. You'll still be liable for self-employment taxes on the salary portion of your income, but you'll just pay ordinary income tax on the distribution portion.

https://turbotax.intuit.com/tax-tools/tax-tips/Small-Busines...

[abfan1127]

you are 100% right. Right after I clicked submit, I started to realize I had recalled incorrectly. Thanks for the link and keeping me honest.