I could not find where to enter shareholder distributions in TurboTax Business either, and it did not ask me in the step by step interview. I had to go to forms and enter it myself on the K-1 after seeing this thread but this is not how it should be. I just happened to catch this before submitting my taxes, what if I hadn't?! I thought everything was complete because I had gone step by step through the system. This is very concerning if Turbo Tax is not asking all the right questions. DanielV01 (or any TurboTax employee), can you please find out why the system is not asking for regular S corp distributions in the step by step walk-through? It did ask about dividend distributions which is not the same thing. I went back through everything trying to find where I missed and it was not there. I tried typing shareholder distributions in the search box and there was nothing that took me to the right spot either. If I missed it please tell me exactly where it is. Thanks!!
