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My client is a LLC A with two LLC B1 & B2 under it. The guaranteed payments are from those two LLC B-1 & B-2 and then pass thru to this LLC A.K-1 Line 14 of LLC...
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Also, when 2020 LLC module transfer to 2021, general partner was not marked for all clients.
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Thank you for your reply.the self-employment earning on K-1 showed double of Line 4c guaranteed payment plus Line 1, ordinary business income on Line 14.Called ...
