I also have similar problem.

Guaranteed payments are double counted as both distribution and deduction. 

I think lacerte fixed the adjustment for partner's health care premium so those does not reduce the capital account on the K1. However, any guaranteed payments to the partner currently is reducing capital account on the K1. 

Since revenue rulings and Mallary vs United States stated that for the purpose of section 613, the income in question was that of the partners (consider guaranteed payment as a distributive share to their personal SE income), not the partnership (deducted guaranteed payment already once since it does not increase the recipient partner's capital account or his/her basis).

I think Lacerte is wrong on this and need to fix the software to reflect that. 

Logically, if the partnership has already paid the guaranteed payment, the payment should not be counted as distribution again which reduces partner's capital account & basis.