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February 11, 2023
Question

1120s Schedule K-1 Box 16

  • February 11, 2023
  • 1 reply
  • 0 views

I use TurboTax Business 2022 download version for my S-corp tax filing.

 

At certain point, I made a mistake entering a number on the shareholder information with a distribution in 2022.  Upon reviewing, I tried to correct it, but the number in Box 16 won't be revised. Please help.

 

Thank you

Sherry

1 reply

Employee
February 11, 2023

Have you tried using Forms Mode?

 

Either change the number or delete the K-1s (and worksheets) that are superfluous.

February 11, 2023

I learned something new, Very Cool😄