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Using Turbo Tax Business 2017, and filing 1120S. Four owners (25% each). Reporting net profit, but no distributions to shareholders. How to generate K-1's for each owner?
TT Biz 2017 seems to require "distributions" before producing K-1's. How to get four k-1's without distributions, so net profit is allocated to each owner/shareholder?
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‎June 6, 2019
12:34 PM