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    Gallred's Avatar
    Gallred Posts: 1, Reputation: 1
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    #1

    Oct 3, 2007, 09:05 AM
    LLC Distributions
    What is the Equity section disclosure for LLC distributions to members?

    Does the distribution need to be disclosed on a separate line item or combined against members capital?
    jdeshayes's Avatar
    jdeshayes Posts: 5, Reputation: 1
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    #2

    Oct 3, 2007, 05:36 PM
    I would typically disclose it separately. If you lump it together, it may not make sense to someone looking at the return/financial statement.

    Typically, you can just put - Distributions in the equity section and your accounting system will "lump" it after the close of the fiscal year.
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