Guaranteed Payments

Table of Contents

Guaranteed Payments

The Guaranteed Payments are.

payments to a partner by a partnership that are determined without regard to partnership income and are for the use of that partner's capital. Former Tax Regulation (check if this Reg. is current here) §1.707-4(a)(l)(i).

Description and Definition of Guaranteed Payments to Partners

Payments made to partners without regard to the partnership's income or loss. These guaranteed payments are often a form of salary for working partners, and they may be subject to self-employment tax.


See Also

Further Reading

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