2.09.3 Partners Dealing with Their Own Partnership (2)

Question 問題、
Under the terms of a partnership agreement, William's distributive share of the partnership's income and losses is 20%. Which of the following situations reflects an incorrect method of reporting guaranteed payments?

A. William is entitled to a fixed annual payment of $15,000 without regard to the partnership's income. The partnership has $60,000 of income after deducting the guaranteed payment. Willian must include ordinary income of $27,000.

B. William is entitled to a fixed annual payment of $15,000 without regard to the partnership's income. The partnership has a $20,000 loss after deducting the guaranteed payment. William should include an ordinary loss of $1,000.

C. William is to receive 20% of the partnership income, but not less than $15,000. The partnership has net income of $76,000. William's guaranteed payment is $0.

D. William is to receive 20% of the partnership income, but not less than $15,000. The partnership has net income of $40,000. The partnership is entitled to a deduction or guaranteed payment of $7,000.

The correct answer is 正解は、[B. William is entitled to a fixed annual payment of $15,000 without regard to the partnership's income. The partnership has a $20,000 loss after deducting the guaranteed payment. William should include an ordinary loss of $1,000.]
選択肢(A) guaranteed payment $15,000 + 通常事業所得の割当額 ($60,000 x 20%) = $27,000 → 正しい
選択肢(B) 通常事業損失の割当額 ($20,000 x 20%) = $4,000 → 誤り
選択肢(C) 通常事業所得の割当額 ($76,000 x 20%) = $15,200 ＞ ミニマム・ペイメント $15,000なのでguaranteed paymentとして扱われる部分はない → 正しい
選択肢(D) ミニマム・ペイメント $15,000 - 通常事業所得の割当額 ($40,000 x 20%) = $7,000 がguaranteed paymentとして扱われるためパートナーシップは事業経費として控除可能 → 正しい