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HTH Partnership has four general partners, no limited partners, and three employees. During the current tax year, HTH provided the following to partners and employees:

HTH Partnership has four general partners, no limited partners, and three employees. During the current tax year, HTH provided the following to partners and employees: $5,000 in cash payments to each partner for services to HTH; this is a fixed payment specified in the partnership agreement to be received each year $1,000 in cash distributions (not in excess of basis) to each partner for Christmas $8,000 in annual wages to each employee $1,500 in health insurance paid for each partner; this again is specified in the partnership agreement $1,500 in health insurance paid for each employee What amount of guaranteed payments is deducted by HTH Partnership on Form 1065 for the current tax year?

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