Question: Under the Internal Revenue Code sections pertaining to partnerships, guaranteed payments are payments to partners for: Timely payments of periodic interest on loans that are

Under the Internal Revenue Code sections pertaining to partnerships, guaranteed payments are payments to partners for:
Timely payments of periodic interest on loans that are not treated as partners capital
Payments of principal on secured notes honored at maturity
Services or the use of capital without regard to partnership income
Sales of partners assets to the partnership at guaranteed amounts regardless of market values

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