I have an LLC with 3 member managers, and I received 55k of guaranteed payments for services I provided to the LLC. On my K1 I checked some investment is not at risk (I do not have enough basis) in line 1 it shows a loss of -18,500 and box 4-a guaranteed payments of $55k but on box 14 self-employment earnings show $36,500, shouldn't I pay self-employment tax on $55k since the guaranteed payments are subject to self-employment taxes? On my schedule SE it shows $36,500 + $4,200 (schedule C net profit) total $40,700 for self-employment taxes, is this correct? Please advise. Any help will be appreciated.