Based on the limited facts, I certainly hope that you received professional advice when drafting your LLC operating agreement.
Any LLC taxed as a partnership that is allocating the results of the LLC on anything other than your equity interest, needs to pass the extremely complex provisions of Section 704(b) of the regulations. This area is not for the feint of heart.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
