sjrcpa
Level 15

I wouldn't do Guaranteed Payments because on their 1040 they'd need to report the GPs and the W-2s.

Yes this is wrong. I'd prepare the return with the info given. On the 1065 deduct the wages. CAGMC.

You probably have this for 2017-2020, too?

Advise them of the error of their ways and have them stop.


Ex-AllStar

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