@Rick19744:
Thank you for your quick answer. I understand that the income needs to pass on as is to the shareholder of the S-Corp, but where do I enter the Fidelity reported dividend amount on 1120S? This amount is already in my QuickBooks Pro as Other Income. I normally import the data from QB into TT Business to start the return. I need to specify where would this data go in the 1120S form during the import process. I would appreciate some recommendation on that.
Thanks!
