lexinshan
New Member

Where can I enter partner distribution (Form 1065, Schedule M-2, line 6) in the wizard mode on TurboTax Business?

I am a 30% partner of an LLC. We made distribution of 2017 profit on 12/31/2017, so those distribution shows on my book Balance Sheet. I think i need to properly enter it onto tax software so tax BS can reconcile with my book BS.