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Hello, Where do I enter the shareholder distribution made as part last year and reported as income on the personal tax return using Schedule K-1?

 
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Hello, Where do I enter the shareholder distribution made as part last year and reported as income on the personal tax return using Schedule K-1?

shareholder distributions are not taxable income unless they exceed your tax basis in the S-corp. however, you do need to complete form 7203

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