How to report S-Corp shareholder distribution on 1120S Schedule K-1?

pencil123 · ‎January 24, 2021

I'm a shareholder of an S-Corp. In 2020, the S-Corp distributed some money to me as owner drawing. In Form 1120S Schedule K-1 Box 16 - Items Affecting Shareholder's Basis, do I need to enter the amount of my S-Corp distribution? None of the Box 16 codes seem applicable.

Thanks a lot for your help!