Organizational Costs

[Nick K.]

I'm part of a 2 person LLC taxed as a Partnership. From what I understand the LLC can deduct organizational costs. Can somebody walk me through the accounting if Member A spent $1000 and Member B spent $500 on organizational costs. I'm getting confused as to if it gets counted as a capital contribution or is reimbursed to the member and counted as an expense to the company. If it's counted as a capital contribution then how is that accounted for when the partnership claims the deduction then the loss is passed equally to the members?