The basics of LLC guaranteed payments

LLC members can receive either profit-sharing distributions or a nonsalary payment known as guaranteed income.

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Brette Sember, J.D.

by Brette Sember, J.D.

Brette is a former attorney and has been a writer and editor for more than 25 years. She is the author of more than 4...

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Updated on: March 21, 2024 · 2 min read


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This article is for informational purposes. This content is not legal advice, it is the expression of the author and has not been evaluated by LegalZoom for accuracy or changes in the law.

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