Confused about general partner or LLC Member Box vs Limited Partner or LLC Member Box

[fcarbone]

My wife and I split the LLC 50/50, with equal responsibilities.

On my 1065 I checked off Managing LLC Member for both of us and generated K-1's.

When entering K1's with Turbo Tax Home and Business, it has 2 boxes to choose from.

-General Partner or LLC Member

-Limited Partner or Other LLC Member

We are set up in the LLC as both Member-Managed, so from the 1065, entering K1's in Turbo Tax Home and Business, and originally setting up the LLC, I am not sure how this is all related, but I would like to get this right.

 I do not believe  that either one of us is a General Partner or a Limited Partner. So it comes down to LLC Member or other LLC Member.

[fcarbone]

Thank You,

When I create the K1,s, I check Managing LLC Member. 

Upon entering my K1's to create my Form 1040, is where I am hung up, and I noticed a large difference in Federal Taxes owed,  if I play with it.  An LLC Manager there I believe, is someone hired to manage the LLC. Of the 2 boxes, to choose, it still is not clear.