I am not a general partner, and as a financial lawyer, I don't like the idea of holding myself out as one on a tax return. I did override entries. Not following...
Mike --Thanks for this, very helpful. I see now another problem in trying to implement your work-around. My income from the LP is guaranteed payments, box 4a. I...
I am a partner in a law firm with guaranteed payments reflected on our K-1. The law firm is an LLP. I am having precisely the same issue as the original poster ...
