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As you saw in Partnership MC question 5, charitable contributions are not deductible for partnerships, but guaranteed payments to partners are deductible. 1. What
As you saw in Partnership MC question 5, charitable contributions are not deductible for partnerships, but guaranteed payments to partners are deductible. 1. What is another term for "guaranteed payments to partners"? If you were explaining to a friend, what these represent, how would you say it in a simple way in one or two words. Further explain in about 20 words. 2. Think of the logic as to why charitable contributions are not deductible, whereas guaranteed payments are deductible. 3. Comment on anything else you learned while researching the answers for this assignment.
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