Where does deferred compensation recorded in Schedule K-1?

[virginia2]

Where do I enter deferred compensation on Schedule K-1 (Form 1065)?

[AmandaR1]

You don't enter deferred compensation for your schedule K-1's as it's not an expense. Instead, you would have your plans accurately recorded in your books, with related interest expense and other impacts. The affects are represented through your employee compensation &/or liabilities on your balance sheet.