Question: Under the Internal Revenue Code sections pertaining to partnerships, guaranteed payments are payments to partners for a. Payments of principal on secured notes honored at

Under the Internal Revenue Code sections pertaining to partnerships, guaranteed payments are payments to partners for

a. Payments of principal on secured notes honored at maturity.

b. Timely payments of periodic interest on bona fide loans that are not treated as partners’ capital.

c. Services or the use of capital without regard to partnership income.

d. Sales of partners’ assets to the partnership at guaranteed amounts regardless of market values.

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