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6. A and B are equal partners in the AB general partnership. They are both calendar year taxpayers. For its FYE 6/30/X8 AB had ordinary

6. A and B are equal partners in the AB general partnership. They are both calendar year taxpayers. For its FYE 6/30/X8 AB had ordinary income totaling $100,000. AB made a $40,000 guaranteed payment to A on 8/24/X7.

Determine the amount of income A must report and the proper tax year(s) of inclusion.

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