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Get your taxes done using TurboTax
You can enter your shareholder distributions on the Shareholder Distributions and Dividends Smart Worksheet which you will find on page 3-5 of form 1120-S. It's below schedule K on page 4 of form 1120-S.
It will flow over to line 16 of schedule K-1.
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‎January 19, 2021
12:13 PM