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New Member
posted Apr 9, 2025 3:17:45 PM

My Form 1065 Schedule K-1has nothing in Box 19, only amounts in Boxes 4a and 4c?

I am a retired domestic limited partner in a non-public LLP.

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2 Replies
Level 13
Apr 9, 2025 4:15:35 PM

This is exactly as it should be.

Guaranteed payments are "essentially" wages and not distributions.

You still need to enter the K-1 information in the business section of TT just like any other K-1.

New Member
Apr 12, 2025 8:35:00 AM

👍  Thanks.