form 1065 schedule k-1 item J

Lucas Henning · Mar 9, 2020 2:08:00 PM

I have a 50/50 partnership LLC and this year rather than paying each partner 50%, one partner was paid 80% and the other 20% of the total amount paid through owner's draws. My question is on line item "J," do I enter 20% for the beginning and ending "loss" portion, but keep the "profit" and "capital" at 50% since the partner still owns half of the partnership? <img src="https://ttlc.intuit.com/community/image/serverpage/image-id/5890i25D26B514C55FC1E/image-size/large?v=v2&px=999" role="button" title="Screen Shot 2020-03-09 at 2.05.21 PM.png" alt="Screen Shot 2020-03-09 at 2.05.21 PM.png" />

I have a 50/50 partnership LLC and this year rather than paying each partner 50%, one partner was paid 80% and the other 20% of the total amount paid through owner's draws. My question is on line item "J," do I enter 20% for the beginning and ending "loss" portion, but keep the "profit" and "capital" at 50% since the partner still owns half of the partnership?