Question: Question Content AreaFor a partnership, guaranteed payments: a . Are payments to nonpartners that are paid under the terms of a contract. b . Are

Question Content AreaFor a partnership, guaranteed payments:
a. Are payments to nonpartners that are paid under the terms of a contract.
b. Are included in the income of the recipient partner.
c. Are not deductible by the partnership.
d. Increase the basis of the recipient partner.

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