Hi,

My S-corp owns some shares of a partnership (LLC). So I received some distribution and a K-1 from the LLC. All of the LLC's income comes from net capital gain. The k-1 shows some numbers on item 8 and 9a (Net capital gain) and some numbers on item 19 (Distribution). My question is where should I report the distribution on my 1020s. Should I report it as item 10 (other income) in schedule k or on schedule d (which item?)?

Thanks a lot.