Let's assume that there are 4 partners that share profits/losses equally and the partnership earns a profit of $100,000. Let's also assume that each partner withdrew $10,000. When the partnership files the tax return (Form 1065), the partnership will not pay tax. Each partner will receive a Schedule K-1 showing $25,000 in profit and $10,000 is withdrawals (distributions).

Will each partner part the same amount of tax on the profit? Does the $10,000 impact each partner's personal taxable?