Cepedaer
Returning Member

Get your taxes done using TurboTax

I have the similar question but for an S Corp with a Single Member, first year doing business. I may also perform another capital contribution to the S Corp in upcoming year(s). How do I enter a shareholder capital contribution (cash) in TurboTax for Business? In other words, what is the sequence for Form 1120S? I'm currently using TurboTax for Business 2021 in addition to TurboTax for Home & Business 2021.