Follow these steps to enter capital gain dividends or distributions in the Corporate module:
- From the Input Return tab, go to Income ⮕ Dispositions (Schedule D, 4797, etc.).
- Click on the blue Carryovers/Misc Info. hyperlink in the upper right corner.
- Enter the amount in Capital gain dividends.
- This amount will flow to the Schedule D Part II Line 14.
Follow these steps to enter capital gain dividends distributions in the S-Corporate module:
- From the Input Return tab, go to Schedule K ⮕ Dispositions (Schedule D, 4797, etc.).
- Click on the blue Miscellaneous Info hyperlink in the upper right corner.
- Enter an amount in either of these inputs:
- Total for year- this amount will flow to Schedule D Part II line 13.
- 28% rate- this amount will flow to Form 1120S Page 3, Schedule K, line 8b.