IntuitMark304
Employee
Employee

lhesse,

At this time, if you are specially allocating guaranteed payments on the federal K-1's, you may need to also specially allocate line 1 of the the Form 502 (total taxable income amount).  Specially allocating this amount on the Form 502, will allow you to ensure the guaranteed payment income is reflected on the appropriate partner's VA K-1.  

Best,

Mark304

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