Capital Gain - Excess of Distribution over Basis

Please confirm - I understand for a S Corp or LLC elected a partnership, the "excess of distribution over basis" is a Capital Gain which goes to just Schedule D of Form 1040 of the shareholder/member and is not reported anywhere on Schedules K and K-1s of Forms 1065 or 1120S because the capital gain is a personal (shareholder) one and not a corporate one. Is this not correct? I do realize that the "total distribution" does go on line 19(a) "Distributions of cash and marketable securities" of Schedule K. If the Capital Gain or "excess of distribution over basis" does go on Schedule K or K-1s, please tell me the line numbers where they go. I read instructions but did not find anything on this. Is the above also true for a Sole Proprietor whose draws exceed his equity/basis, meaning the excess is a capital gain reported on his Schedule D? Obviously, he won't have Schedule K and K-1s. Thanks in advance for your help