Solved
I have accumulated earnings that I'd used to pay dividend to another shareholder. I went to deduction section but cant find where to input this number so that it would appear on line 17c of form 1120s . Please note that I am not talking about the K-1 form at all. Thank you in advance.
You can enter that figure in Forms Mode directly on your 1120-S in Schedule K on page 3 (Other Information).
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