In January of This Year, Arkeva, a Calendar- Year Taxpayer

In January of this year, Arkeva, a calendar- year taxpayer, receives a $50,000 guaranteed payment from NFR Partnership. NFR deducted the payment during its tax year ending November 30 of last year. What tax year must Arkeva report her guaranteed payment in?

A) She may elect either year.
B) current year
C) last year
D) She does not need to report guaranteed payments on her return.