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Which of the following taxpayers will not be subject to SE tax? A. Jackson, a partner in JKL partnership, receives a guaranteed payment for services
Which of the following taxpayers will not be subject to SE tax?
A. Jackson, a partner in JKL partnership, receives a guaranteed payment for services he performs. Jackson receives Schedule K-1(Form 1065) reporting his guaranteed payment
B. Jonas and Jackie , a married couple who ownn and operte a business jointly
C. Janet, a 10% owner of an S Corporation who works for the S Corporation. Janet receives Fowm W-2 for her wages and Schedule K-1 (Form 1120-S) for her share of income from the S corporation
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