Specially allocating guaranteed payments to partners

  1. On the
    SepK
    screen, select
    Ptr Alloc
    on the related activities to specially allocate guaranteed payments.
    1. Select
      Total guaranteed payments other than health insurance, pensions, and IRAs
      to specially allocate deductible guaranteed payments other than the portion of guaranteed payments for health insurance coverage and for pension and IRA contributions.
    2. Select
      Total guaranteed payments for other than services, such as the use of capital
      to specially allocate guaranteed payments designated for capital.
    3. Select
      Health insurance considered guaranteed payments to partners
      to specially allocate the portion of deductible guaranteed payments for health insurance coverage.
    4. Select
      Pensions and IRAs considered guaranteed payments to partners
      to specially allocate the portion of deductible guaranteed payments for pension and IRA contributions.

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