Generally,guaranteed payments do not have an impact on a partner's basis in the partnership interest.

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Guaranteed payments are payments made to partners for services rendered or for the use of capital, and they are generally deductible to the partnership. However, they do not increase the partner's basis in the partnership interest. The partner's basis is determined by their initial investment in the partnership, plus any additional contributions, share of profits and losses, and distributions.

Generally,guaranteed Payments Do Not Have an Impact on a Partner's