2.09.3 Partners Dealing with Their Own Partnership (1)

Question 問題、
Under a partnership agreement, June is to receive 40% of the partnership income but not less than $12,000 a year. The partnership has net income of $20,000. What is the guaranteed payment that the partnership can deduct in figuring its ordinary income on Page 1 of Form 1065?

A. $0

B. $3,200

C. $4,000

D. $8,000

The correct answer is 正解は、[C. $4,000]
ミニマム・ペイメントの取り決め（not less than $12,000）があるので、
Net income $20,000 x 40% = $8,000 → 通常事業所得の割り当て
ミニマム・ペイメント $12,000 - 割り当て分 $8,000 = $4,000 → Guaranteed payment