Question: 3 2 0 0 0 - 2 1 0 0 0 Question 4 1 of 7 5 . Elinor and Marianne are equal partners in
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Elinor and Marianne are equal partners in Dashwood Family Enterprises. In exchange for their services to the partnership,
the partnership pays health insurance premiums for both of them. Payment of premiums is not dependent upon partnership
profits. How are the premiums treated on each of Elinor and Marianne's Schedules K
As a guaranteed payment.
As an increase to the partner's total share of ordinary partnership income.
As a cash distribution.
As a nondeductible expense.
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