topic 1120s Schedule K-1 Box 16 in Business & farm

1120s Schedule K-1 Box 16

sherry052169 — Mon, 23 Feb 2026 12:49:29 GMT

I use TurboTax Business 2022 download version for my S-corp tax filing.

At certain point, I made a mistake entering a number on the shareholder information with a distribution in 2022. Upon reviewing, I tried to correct it, but the number in Box 16 won't be revised. Please help.

Thank you

Sherry

Re: 1120s Schedule K-1 Box 16

Anonymous_ — Sat, 11 Feb 2023 01:12:06 GMT

Have you tried using Forms Mode?

Either change the number or delete the K-1s (and worksheets) that are superfluous.

Re: 1120s Schedule K-1 Box 16

sherry052169 — Sat, 11 Feb 2023 01:36:20 GMT

I learned something new, Very Cool😄