joe7230
Level 2
09-13-2022
04:18 PM
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I have an S Corp client whose shareholder distributions exceed his beginning R/E + current year income
by $7,000. The Pro Series software plugs in 0 for retained earnings and makes no mention of the $7000.
I don't do many Corporations and have never encountered this situation before. Not sure how to deal with
this. Any suggestions helpful
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