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Kartman receives guaranteed payments from Southwest Park LLC. He pays income tax but not self-employment tax on the guaranteed payment. These payments represent: Select one:
Kartman receives guaranteed payments from Southwest Park LLC. He pays income tax but not self-employment tax on the guaranteed payment. These payments represent:
Select one:
a. payment of partnership income.
b. payment for services.
c. payment for services and use of capital.
d. payment for use of capital.
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