Alice, that makes completely no sense. If one partner was paid through guaranteed payments for services rendered. That partner should bare the taxes incurred for that payment to him. Why would it evenly split among all the partners?
I am having the same issue. In previous partnership returns, I see my prior tax accountant would align the guaranteed payments for services rendered to the one partner. How do I go about modifiying it so it doesn't allocate it three ways? This is for a Pennsylvania state return.
Token number 1209116
