Hi:
I did a preliminary 1120S tax return in December for my Sub-S . Now I am trying to finalize it with the actual numbers. The K-1 is remembering the December projected distribution amount in box 16D. I can change the distribution amount for the shareholder to anything or even say there was no distribution. The old number from December remains when I re-generate the K-1. I have gone into forms and deleted the form to no avail, When I try to distribute, the K-1 is still wrong. I do not want to edit the form manually. I am a one person company and am definitely not an accountant. And I am unsure if the wrong number is reflected elsewhere in the return. Just like the 1120S, I just want the K-1 to be generated based upon the actual data I entered. I have TurboTax to handle the details for me. How do I solve this problem? Thanks in advance, Terry
