Search:

Sites that seem to say that it should be reported on 1099-DIV:


The IRS instructions for K-1 say (note the last line), https://www.irs.gov/pub/irs-pdf/i1120ssk.pdf:
You may be liable for tax on...

As an S-corp, you just write yourself a check for your "dividend" and you don't need report it anywhere else (unless your state requires you to) -- because you have already reported all of the net...

Just to wrap this up for anyone reading, originally, I was filling out the Sched L and M, showing the balance sheet.
Since I'm under the threshold, I don't need those, and Retained Earnings don't...

As an S-corp, you just write yourself a check for your "dividend" and you don't need report it anywhere else (unless your state requires you to) -- because you have already reported all of the net...

Background

S-Corp, filing 1120S
Paying myself a wage and dividends from net profit.
Never been a C-corp, so no P&E or AAA concerns.
Doing taxes myself via TaxCut.

Two related questions:
1)...