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It is the amount distribution by the Corp to the Stockholders. I will answer your other question in 3 minutes. Thanks.
Hi. Are you looking at the 1120 or 1120-S? Thank you.
On the cash distributions - if the distribution is made from the corporation’s earnings and profits, it is taxed to the shareholder as a dividend. The portion of the distribution that is not considered a dividend is applied first to reduce the shareholder’s basis in the corporation’s stock and any remaining amount is a gain/loss.