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A partnership is terminated for tax purposes when the A.60% partner retires. B.Partnership ceases to file a partnership return. C.Partnership ceases all operations. D.Partner makes
A partnership is terminated for tax purposes when the
A.60% partner retires.
B.Partnership ceases to file a partnership return.
C.Partnership ceases all operations.
D.Partner makes a gift of his or her 55% interest in capital and profits.
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