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Could you explain the non recourse beginning and end figures? K Partner's share of liabilities: Beginning Nonrecourse..... Qualified nonrecourse financing.. Recourse $ $ $ Ending
Could you explain the non recourse beginning and end figures?
K Partner's share of liabilities: Beginning Nonrecourse..... Qualified nonrecourse financing.. Recourse $ $ $ Ending $ 50,000. $ 40,000. Check this box if Item K includes liability amounts from lower tier partnerships.
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In the context of partnership taxation the terms nonrecourse qualified nonrecourse financing and recourse refer to different types of liabilities that ...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
