Enter deductible guaranteed payments

Guaranteed payment fields are available in each activity folder to report as expenses associated to the activity. Follow these steps to enter deductible guaranteed payments.
  1. Go to the applicable
    4835-2
    ,
    F-2
    ,
    Inc.
    ,
    K-2
    , or the
    Rent
    screen.
  2. Enter the individual guaranteed payment amount in the
    Total guaranteed payments
    fields for health insurance, pension and IRA, and Other.
  3. Use the
    SepK
    screen in the applicable activity folder to specially allocate guaranteed payments other than health insurance, pension and IRA, and non-deductible guaranteed payments.
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