I'm currently using Turbo Tax Business for Windows to do my taxes for a LLC partnership. We have a total of two partners, but I can't seem to find where I'm supposed to put in the guaranteed payments in TurboTax. When entering the details for a partner, I get a screen for the partner's contact info, a screen to choose whether they are a general or limited partner, a screen asking about whether the partner actively runs the business and is a US citizen, a screen asking about their percentage of ownership, then the final screen asking about last year's ending capital balance, cash and property distributed and received, but nothing about guaranteed payments. The lines on the last pages specifically say NOT to enter guaranteed payments there. But I can't find anywhere to add them in TurboTax so that the program will generate the proper K1 forms automatically, with the guaranteed payments listed. Where do I got to enter Guaranteed Payments?
