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Advanced Partnerships Question 29 of 75 Permanent adjustments on schedule Mt Form 1065) include: Depreciation, amortation and depletion - Government penales paid political expenses and

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Advanced Partnerships Question 29 of 75 Permanent adjustments on schedule Mt Form 1065) include: Depreciation, amortation and depletion - Government penales paid political expenses and 50% of deductible meals Political expenses depreciation and 50% of deductible meals. Nos of meals and 100% of entertainment depletion, and government penalties paid. Mark for follow up Question 30 of 75. On May 15, Issac contributed $5,500 for a 10% interest in the general partnership, Mac's Tools. The a loan for $15,000 on June 20. Issac's distributive share for the year was $3,700. What is his anding partnership - 59.200 $10,700 $20,500 $24.200 Mark for follow up Question 31 of 75. For partnerships, the qualified business Income (BI) items reported on Schedule K-1 shoul business income, the W-2 wages of any qualified trade or business, and: The adjusted basis of qualified property The unadjusted basis of qualified property The adjusted basis of qualified property and guaranteed payments made to the partners The unadjusted basis of qualified property and guaranteed payments made to the partners in

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