Distributions to shareholders are described by the IRS:
Line 16d. Distributions
Enter the total distributions (including cash) made to each shareholder other than dividends reported on line 17c of Schedule K. Include the shareholder's pro rata share of any amounts included in interest income with respect to new clean renewable energy, qualified energy conservation, qualified zone academy (for bonds issued after October 3, 2008), qualified school construction, or build America bonds. Distributions of appreciated property are valued at fair market value. If property other than cash was distributed, attach a statement to provide the following information.
The date the property was acquired.
The date the property was distributed.
The property's FMV on the date of distribution.
The corporation's basis in the property.
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