s corp possible ?

[Rashid Khalil]

I earned 90 k as a 1099 contractor working in my LLC. expenses are around 20 k so NOI is 70k. it appears tax efficient if I tax this income as S- corporation. i do have EIN for my LLC and all income and expenses were through LLC named bank account. my issue is I didn't use any payroll throughout the year to pay myself, so does it disqualify me for S- corporation tax option?

will appreciate thoughts / advises / guidance etc.

TIA