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Level 3
posted Jan 23, 2021 6:52:05 PM

TurboTax Business keeps changing my answer to the shareholder distribution question

I'm using TurboTax Business 2020 desktop version to prepare an S-Corp return. I answered "yes" to the question "Other than salaries and loans, did the corporation give any money or property to any shareholder this year?" and entered a cash amount. Later when I revisited this section, my answer was somehow automatically changed to "No". I tried correcting this to "Yes" multiple times but it kept reverting to "No". Is this a bug? 

 

I don't know if this is relevant, but I entered "0" for the question "Enter total dividend distributions made to shareholders during tax year 2020 from your accumulated earnings and profits account".

 

Thanks for your help!

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1 Best answer
Level 15
Jan 23, 2021 7:42:42 PM

You might want to contact Support via the link below during regular business hours.

 

What is the TurboTax phone number? (intuit.com)

 

I have a copy of TurboTax Business and have been unable to reproduce the anomaly you are seeing, but there may be another part of the Step-by-Step that you have answered differently.

1 Replies
Level 15
Jan 23, 2021 7:42:42 PM

You might want to contact Support via the link below during regular business hours.

 

What is the TurboTax phone number? (intuit.com)

 

I have a copy of TurboTax Business and have been unable to reproduce the anomaly you are seeing, but there may be another part of the Step-by-Step that you have answered differently.