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- Hello - How do I enter shareholder distributions (taken from previous year's retained earnings?) Client took a $40k distribution last year. I entered on M2 -missing K1
Hello - How do I enter shareholder distributions (taken from previous year's retained earnings?) Client took a $40k distribution last year. I entered on M2 -missing K1
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kelly6
Level 2
01-21-2023
01:23 AM
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PhoebeRoberts
Level 11
01-21-2023
07:47 AM
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There's an input screen called something like Distributions and Loan Repayments. It goes there. No need to also enter in the M-2 screen.
kelly6
Level 2
01-22-2023
06:01 PM
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Thank you. That worked. Now - if anyone knows how to get QBO to link these distributions to this ProConnect area - that would be swell!
