Which of the following statements is TRUE about guaranteed payments for services performed? Guaranteed payments are:

Made by the partnership to the partner and are determined by the amount of partnership income or loss.

Generally subject to self$-$employment tax.

Reported on the receiving partner's Schedule E $($Form $1040)$ as net short$-$term capital gains.

Not included in the partner's taxable income as they are calculated outside of the normal profit and loss for the partnership.