timwheeler

I just realized I made a mistake. I earned a bunch of $ in my s corp last year. I just made cash distributions to myself and did not do payroll. I made a max simple IRA and traditional IRA contribution. Then when doing my taxes I noticed that the IRA contributions are not deductable because I did not pay myself any wages. Is there any way to make these contributions deductable? Any yes, in the future most or all money I distribute from the s-corp will be as wages. I am trying to be legit here.