USA Tax Payments paid by an S Corporation -

[marino]

Would tax payment paid by an S Corporation for an owner, be a distribution?

 

[UncleSam]

Yes that is a distribution if it it a tax paid for the owner. Unless it a tax specifically attributable to the business of company such as an excise tax on cigarettes.

 

[Olly]

It could be applied to distributions or loans from shareholders or notes payable to shareholder if they exist.