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Schedule K Shareholders' Pro Rata Share Items: What's the difference between line 16d and line 17c?
Hi,
On Schedule K, what is the difference between Items Affecting Shareholder Basis distributions (line 16d) and Other Information dividend distributions paid from earnings and profits (line 17c)
I am trying to make sure I am correctly reporting the owner draws I took from my S-corp. Last year my accountant appears to have put the draw amount into line 16d. TurboTax is putting it into 17c.
Thank you!
March 18, 2025
6:05 PM