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Business & farm
I am not in a Windows environment to review TT input, however, I believe you need to go into the member section and specifically allocate the guaranteed payment to LLC-B.
Not doing this, TT will allocate based on ownership %; which is what appears to be happening.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
Also keep in mind the date of replies, as tax law changes.
‎January 27, 2024
8:17 AM