Guaranteed payments will be entered in the Compensation and Benefits section of TurboTax Business. You have a couple options to find this section:
Option 1: Type "guaranteed payments" in the FIND field at the righthand top of the screen. Select "Jump To guaranteed payments" and you will be brought to the screen to enter this information.
Option 2: From within the Federal Taxes tab at the top of the screen, select the Deductions tab. Then under the Compensation and Benefits heading, you should see an option to START "Guaranteed Payments" Sample screenshot is below.
