If the distributions to the partners are self-employment income or otherwise distributable shares of partnership income to which they are entitled to then they are not required to pay taxes upon the distribution (although they will, of their own accord, be required to report the self employment income or distributions on their tax returns and may also be required to file quarterly state and federal tax payments).
Are you entitled to any portion of the profits independently of your salary? I would presume you are entitled to 14% of the net profits which in your case would appear to be self-employment income and thereby provide you with some deductions equal to your 14% partnership interest.
If an LLC is taxable as a partnership then a member's eligible share of income may treated in in of the three following ways:
1) Self-employment earning - Self-employment income incurs an additional tax of 15.3 percent;
2) as salary or wages; or
3) as distributable shares of partnership income under Subchapter K.
Whether a members distribution are considered self-employment income is dependent on the following
A partner distribution should be treated as self-employment income if any of the following apply (otherwise then distributable share of partnership income to be treated as investment
income and detailed in a K-1):
1) have personal liability for the debts of or claims against the partnership as a result of being a partner;
2) have authority to contract
on behalf of the partnership under the statutory law under which the partnership is organized; or
3) have participated in the partnership's trade or business
for more than 500 hours during the taxable year.