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Which of the following statements does not accurately describe guaranteed payments to a partner? A. Guaranteed payments for services are subject to self-employment tax. B.

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Which of the following statements does not accurately describe guaranteed payments to a partner? A. Guaranteed payments for services are subject to self-employment tax. B. Guaranteed payments are treated as capital gain income. C. Guaranteed payments are treated as ordinary income. D. A cash basis partnership deducts guaranteed payments in the year paid

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