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Tags: federal,form
Sch K-1 - On the K-1 line 16d for distribution - On the K-1 line 16d for distribution, there is no line to enter information. Customer wants to know where that is entered.
Per IRS instructions on this line:
Individual Shareholders' Distributions
Each shareholder's distribution amount for the corporation's fiscal year should be reported on Schedule K-1, Line 16, with a reference code of "D."" When the shareholder follows the IRS instructions for Schedule K-1
Tags: federal,form