Thanks for asking your question! I'm sorry to hear about your tax issue and I'm going to try my best to help you understand or resolve it.
How are you today?
What you describe sounds reasonable; you will pay yourself a "reasonable salary" based on what someone would make as a hairdresser in your area, and then the rest of what you take out of the business is considered return of capital.
So even though I am actually earning 80k by myself I am able to pay myself a "reasonable" salary and then treat the draws I make as return on capital?
Yes, but you are still paying income tax on the entire 80,000
it's just the self employment taxes you are only paying that on the $32,000
There are two taxes
Do I have to pay self employment tax or payroll tax on the 32k?
Payroll taxes are self employment taxes