BobKamman
Level 15

Are you trying to make apple sauce from oranges, or marmalade from apples?  Your post suggests that the K-1 shows a loss, which indicates it was set up to be taxed as a corporation, then elected S status.   Its business is the same as the one shown on the Schedule C?  The Schedule C has other income not received from the LLC activities?  

Let me guess, someone went to a seminar.