This article applies to:

Enter guaranteed payments paid to limited partners for services rendered

Enter the portion of guaranteed payments that represents payment for services to limited individual and limited partnership partners twice.

Go to

4835-2

,

F-2

,

Inc.

,

OGWell

, or the

Rent

screen.

In Total guaranteed payments
, enter the payment amount.

On the SepK screen, enter the payments in Guaranteed payments to limited partners for services
.

Select Ptr Alloc
to allocate the guaranteed payments to the partners.

note

UltraTax CS uses the amount you enter to reduce the Partnership Self-Employment Worksheet, line 4b.