topic Re: Excess S corp distributon in Get your taxes done using TurboTax

Excess S corp distributon

jd20041 — Wed, 11 Feb 2026 09:51:06 GMT

I have completed form 7203 and need to report excess distributions to from 8949 to flow to Sch D but I my TT will not loan form 8949. I have schedule d in forms but I am not able to type anything in it. It says amount comes from form 8949. Need help.

Re: Excess S corp distributon

M-MTax — Sun, 30 Jun 2024 23:27:28 GMT

Not 100% sure here but I don't think Turbotax will pick that up automatically......I think you have to make the entry yourself on form 8949. IOW, report it as a capital gain on form 8949.

Re: Excess S corp distributon

Mike9241 — Mon, 01 Jul 2024 01:10:39 GMT

in jump to/search box type in "capital asset sales" - no quotes

then open the worksheet

if it asks for financial institution just type in xxxxxx