For a single-member LLC which is a disregarded entity and for which the income/expenses are reported on Schedule C of the tax return of its owner, you cannot deduct any payments made to yourself (as guaranteed payments or otherwise).
The rationale is that if you deduct these payments to yourself, then you would have to report these payments as income, which will give exactly the same tax result.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
