Thank you for your response. Let me ask my question a different way. Can you tell me where in tt Business Step-by-Step am I entering values that result in the entries shown on line 16 of Schedule K-1, or that result in the entry shown on line 16d ("Distributions (attach statement if required) ").of the "Items Affecting Shareholder Basis" section of Form 1120S? Is the amount shown in these two areas derived by applying some mathematical formula or is the amount shown in these two areas taken directly from an entry I made somewhere in the tt Step-byStep? If so where did I make this entry. Thank you again for your time.
