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A partner had the following items reported on a partnership Schedule K-1: Ordinary income $27,000 Interest income 4,500 Dividend income 2,000 Guaranteed payment 15,000 Section
A partner had the following items reported on a partnership Schedule K-1: Ordinary income $27,000 Interest income 4,500 Dividend income 2,000 Guaranteed payment 15,000 Section 179 expense 16,000 The partner's self-employment income for the year is: $26,000. $32,500. $48,500. $64,500.
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