I am a partner in an LLC, but have not been active lately. I just
recieved my K-1 and it attributes about $3k of income to me, but I
have recieved no distribution from the corporation. I have ammended my
return to pay the 1k or so in taxes, but my partners say there is no
money to distribute to me because all of the capital accounts are
negative. Is it possible for them to attribute 3k to
me without giving me any money? I suspect I need a professional to
look at the books and to know what questions to ask. What kind of
professional can help me and where can I find one? Does it seem fishy
or even possible that I would not get the money? Am I missing
something that would allow me to avoid paying the tax, like past
losses?