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Question 14 of 75. Choose the response that correctly completes the following sentence. A guaranteed payment is made to a general partner: From the profits

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Question 14 of 75. Choose the response that correctly completes the following sentence. A guaranteed payment is made to a general partner: From the profits of the partnership, and the payment is subject to self-employment tax From the profits of the partnership, and the payment is NOT subject to self-employment tax Without regard to the income of the partnership, and the payment is subject to self-employment tax. Without regard to the income of the partnership, and the payment is NOT subject to self-employment tax

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