AmyEllen
Returning Member

When TT Business asks if I took a distribution from my S Corp...

I am 100% owner of an S Corp.  Over the year I took distributions (along with wages).  At one point I also put in a large contribution.  When you combine the two, the contributions are a little bit larger so the number is positive.  When TT Business asks if I took a distribution from my S Corp, is it asking just for the distributions, or contributions and distributions added together?  What if the contributions are larger than the distributions?  What number is it looking for?