Which of the following items do not have to be reported separately on a partnership return? a.
Question:
Which of the following items do not have to be reported separately on a partnership return?
a. Tax-exempt income
b. Casualty gains and losses
c. Interest on business loan
d. Capital gains and losses
e. Charitable contributions
PartnershipA legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...
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Related Book For
Income Tax Fundamentals 2019
ISBN: 9781337703062
37th Edition
Authors: Gerald E. Whittenburg, Steven Gill
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