Get your taxes done using TurboTax

If you return to the step-by-step interview for your K-1, TurboTax will present a sub-form for Form 7203 with instructions to manually enter your distributions on Line 6. In Forms Mode, a field highlighted in yellow is designated for user input rather than an automatic entry by the software. 

If Form 7203 of your prior year return failed to include distributions for that tax year, you may wish to file an amended return to include that information, especially if the omission affects your basis in the S-Corp. You will also need to adjust your beginning balance on this year's Form 7203 Line 1.