partnership - capital account showing negative

has the partner effectively been paid too much ie a loan has been created? Can it be removed eg classify as bonus (and then becomes part of the partner's tax calculation?

many thanks in advance for any clarification

There are 3 comments. Login or register to view them.

What is the issue?

Anonymous |

Should pay back into partnership

Anonymous |

What doe the partnership agreement say?

aidan.sergent |