Intuit HelpIntuitHow to enter distributions from a corporation for Schedule M-2 (Form 1120) in ProConnect Tax
by Intuit•1• Updated 1 year ago
Follow these steps to enter distributions (cash, stock, and property):
- From the Input Return tab, go to Balance Sheet ⮕ Schedule M-2.
- In the Other Decreases subsection, enter the amounts in these fields:
- Cash distributions
- Stock distributions
- Property distributions
- Other
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