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A limited partnership is composed of limited partners that are in the 10 percent tax bracket, the 22 percent bracket, and the 32 percent bracket.
A limited partnership is composed of limited partners that are in the 10 percent tax bracket, the 22 percent bracket, and the 32 percent bracket. At what tax rate will the income distributed to the limited partners be taxed at: a. 10 percent b. 22 percent c. 32 percent d. the tax brackets are determined by the individual members from their respective tax returns
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