Partner receiving K-1 income and guaranteed W2 then how to calculate plan compensation

[swam]

Hello all. I have very interesting case in which partners receives K-1 which is in negative means he incurs loss but he has positive W2 payment. Thus to calculate his plan comp. should i negate the negative K-1 from his W2.?

[Bird]

I think you should, yes. Partners of course shouldn't receive W-2 income but "everyone does it" so I think you just do what seems logical.