684774
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Investments: Stocks, Crypto, & More on July 16! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I take an officer distribution but not sure where i input it in turbotax

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
Coleen3
Intuit Alumni

I take an officer distribution but not sure where i input it in turbotax

You are using the Self-Employed Edition that leads me to believe you have a sole proprietorship on Schedule C. That type of business does not take into account an officer distribution. The form figures profit and loss; money taken in vs money spent for expenses. The net profit or loss carries to your personal return.

If you have a corporation, you should be using the Business Program.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question