where to enter salaries paid in a Partnership K1
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Partners do not get salaries. Can NOT get a W2 or have tax withholdings.
If you are talking about guaranteed payments..............they go on Page 1, in the Deductions section, in the Guaranteed Payments Smart Worksheet. They also go on the respective K-1 worksheets of the partners who did receive guaranteed payments... on line T. if you do these 2 things right, they will flow to the appropriate K-1s.
If you have the partners getting salaries, W2s, and tax withholdings, then you have a terrible mess that will require correcting w2s, 941s, state unemployments, and state withholdings (if applicable).
And if you didn't know partners could not have salaries, then you should let your client find more competent accounting help.
Wages for QBI calculations?
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