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jsmith7412

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  1. I am an S-Corp and working on my taxes with Turbo Tax and going through the wizard, it says if you did not make $250,000 or over you do not have to put your balance sheet in. Well, I took a $6500 distribution and now without the balance sheet being entered it is not showing up on the K1. Any suggestions? I still individually have to pay the tax on this correct?
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