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-   -   LLC Distributions (https://www.askmehelpdesk.com/showthread.php?t=136595)

  • Oct 3, 2007, 09:05 AM
    Gallred
    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?
  • Oct 3, 2007, 05:36 PM
    jdeshayes
    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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