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Deductions & credits
I'm not sure you're getting the correct answer. The partnership's (LLC filing as partnership) company contribution should be in box 13 Code R. The deferral from the partner/LLC member (whether periodic or lump sum) is already in guaranteed payments. The total is what ends up being deducted as an adjusted gross income adjustment on the 1040.
‎September 13, 2024
6:05 AM