Thanks for your answer! One follow up question: Comparing two people each receiving half of the total Guaranteed Payments vs one person receiving the total Guaranteed Payments - does that change our individual Self-Employment Tax? In other words, is it be the same as previous years or will the partner receiving the most of the Guaranteed Payments pay more in Self-Employment Tax and the other pay none or a nominal amount of Self-Employment Tax.
Thanks for the insight!
