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Entering Form 1099-R for an S-Corporation in ProConnect

SOLVEDby IntuitUpdated 1 month ago

An S-Corporation may receive a form 1099-R reporting miscellaneous income to the S-Corporation.

To report the 1099-R as ordinary income:

  1. Go to Input Return Income
  2. Enter the amounts under Other

To report the 1099-R as passthrough income to the shareholder:

  1. Go to Input Return Schedule K Income & Deductions
  2. Enter the amounts under Other income (loss) (click to expand) 

 

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