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mike3608
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How do i enter distribution from k-1 into box 1 and box 2,I am only able to check one box of retained earnings in form 1120s . please help

 
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How do i enter distribution from k-1 into box 1 and box 2,I am only able to check one box of retained earnings in form 1120s . please help

The only way to accomplish that with TurboTax Self-Employed is to create separate K-1s for Boxes 1 and 2 as delineated in the screen for the entry of information from a K-1, Form 1120S (see screenshot).

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How do i enter distribution from k-1 into box 1 and box 2,I am only able to check one box of retained earnings in form 1120s . please help

The only way to accomplish that with TurboTax Self-Employed is to create separate K-1s for Boxes 1 and 2 as delineated in the screen for the entry of information from a K-1, Form 1120S (see screenshot).

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