I am looking at line 6 of schedule K from the Form 1120. It says: " did the corporation pay dividends (other than stock dividends and distributions in exchange for stock) in excess of the corporation’s current and accumulated earnings and profits? See sections 301 and 316. If “Yes,” file Form 5452, Corporate Report of Nondividend Distributions. See the instructions for Form 5452."
If my corporation made a payment that returned all of an original investment amount plus net income/profit to the corporation's founder, would this count as excess of E&P?
