Question: Eric is a partner in an engineering firm. He is active in the business and serves as the partnership's chief technology officer. He receives a

Eric is a partner in an engineering firm. He is active in the business and serves as the partnership's chief technology officer. He receives a guaranteed payment of
$135,000 each year without regard to the firm's profits or losses. Assuming the payment is reported correctly on his Schedule K-1(Form 1065), how should Eric report
this income on his tax return?

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