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Level 2
March 15, 2021
Question

Where do I enter the shareholder's contribution for S corporation Form 1120S in ProSeries professional edition?

  • March 15, 2021
  • 1 reply
  • 8 views
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1 reply

Employee
March 15, 2021

It is entered on Basis Info Wks ( Stock and Loan Basis Information Worksheet). 

YvonneAuthor
Level 2
March 15, 2021

Thank you, so the shareholder's contribution reflects on the balance sheet is build in capital is increased, right ? I am sorry, I guess this is a balance sheet question.