Solved: S-Corp Distribution and 1099-DIV

S-Corp Distribution and 1099-DIV

But where does this info go on the 1099 that you're issuing to yourself? Or is it not necessary since it's already reported on the k1?

Yes, distributions to shareholders are reported on Schedule K-1 Part II Section L. Shareholders do not receive Form 1099.

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S-Corp Distribution and 1099-DIV