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Rachel is a 25% partner is Fear the Deer Partnership. She provides daily bookkeeping services. She receives a guaranteed payment for this service in the
Rachel is a 25% partner is Fear the Deer Partnership. She provides daily bookkeeping services. She receives a guaranteed payment for this service in the amount of $3,000 per month. In addition, the partnership pays $500 per month in health insurance premiums.
How much will the partnership report on Form 1065, Line 10?
How much will the partnership report on Schedule K, Lines 4a and 4c?
How much will the partnership report on Tamis Schedule K-1, lines 4a, 4c, and 11?
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