https://ttlc.intuit.com/community/taxes/discussion/s-corp-distributions/01/3439720#M1270197 <P>If I have both distributions from and contributions to my s-corp, can I just report the difference on my 1099 DIV?</P> Tue, 28 Jan 2025 14:34:09 GMT Countingcat 2025-01-28T14:34:09Z https://ttlc.intuit.com/community/taxes/discussion/s-corp-distributions/01/3439720#M1270197 <P>If I have both distributions from and contributions to my s-corp, can I just report the difference on my 1099 DIV?</P> Tue, 28 Jan 2025 14:34:09 GMT https://ttlc.intuit.com/community/taxes/discussion/s-corp-distributions/01/3439720#M1270197 Countingcat 2025-01-28T14:34:09Z https://ttlc.intuit.com/community/taxes/discussion/re-s-corp-distributions/01/3439735#M1270205 <P>S-corp distributions are generally non-dividend distributions. They are not taxable when they do not exceed the stock basis of the shareholder. Distributions are reported on form K-1 in box 16D.</P> <P>&nbsp;</P> <P>You do not report distributions on form 1099-DIV as they are not dividends.</P> <P>&nbsp;</P> <P>Please read this <A href="https://www.irs.gov/businesses/small-businesses-self-employed/s-corporation-stock-and-debt-basis" target="_blank">IRS document</A> for more information.</P> Tue, 28 Jan 2025 14:41:03 GMT https://ttlc.intuit.com/community/taxes/discussion/re-s-corp-distributions/01/3439735#M1270205 MinhT1 2025-01-28T14:41:03Z