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Form 1120: Entering Dividends Paid by Corp to Shareholder

I saw a similar question posted months ago but could not follow the solution that was provided.

On Form 1120, where can I indicate the dividends paid by the corporation to the sole shareholder? My balance sheet is out of balance and the difference is dividends paid.

Thank you.

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Level 15

Dividends reduce retained earnings.


ex-AllStar

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2 Replies 2
Level 15

Dividends reduce retained earnings.


ex-AllStar

View solution in original post

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Thank you. I entered them on Schedule M-2 under Distributions.

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