How do owner Draws/Distributions work?

Taking your money out of your business is called an Owner Draw or a Distribution. This is a completely non-taxable event: taking money out of your business has zero impact on taxes.

Taking money out of your business as an owner draw has not impact on your business' profit, therefore there is zero impact taxes.

You can take as much of your money out as much as you like, in any amount that you like. 

See also How do I pay myself?
See also How does Singletrack handle "Taxes Only" Officer Payroll?