Sorry - It does seem that my question was vague - As part of an LLC - I received a salary which the accountant at the time treated as distributions from my capital account. I treated these payments as regular income and paid tax each year.
a partnership/llc does not pay salary to its partners, guaranteed payments are possible but they are reported on line 4 (2019). distributions are not taxable income unless they reduce tax basis below 0. income that you need to report is usually on lines 1 to 3 of Part 3 . other lines in Part 3 can have tax significance. you likely have totally messed up your tax reporting for as long as you have had the LLC. you need to consult with a tax pro to see what can be corrected. and you should use a tax pro in the future to make sure you're reporting the activity correctly. misreport and there could be substantial tax penalties.
