Sue Is a 50% partner in a coffee klosk. According to the partnership agreement, Sue will receive a guaranteed payment each year of $20,000 for the work that she does running the coffee shop. The guaranteed payment will be reported on: Schedule K, line 4; and Schedule K-1, box 4 only. Form 1065, page 1, line 10. Form 1065, page 1, line 10; Schedule K, line 4; and Schedule K-1, box 4. Form 1065, page 1, line 10; and Schedule K-1, box 4.