I am a single member LLC that for tax purposes is filing as
an S-Corp. I paid myself a salary but also took a distribution at year end. I
do not see where in TurboTax for Business I would enter this? There is a
dividend section under Income but I would think that section is for any dividends
paid TO the s-corp. Shouldn’t it be an expense
to the s-corp?
Also, Will TurboTax generate the 1099-DIV
for this distribution?
