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D Question 13 Snorld The BDO partnership provides that will receive a guaranteed salary of $30.000 each year for her services as an accountant. She
D Question 13 Snorld The BDO partnership provides that will receive a guaranteed salary of $30.000 each year for her services as an accountant. She will also receive one-third of the taxable income or loss. For the current year the partnership has ordinary income of $18,000 before the salary payment, a e Evalution Section 1231 gain of $9,000, and short-term capital gain of $3,000. All taxpayers are cash method and have a calendar year end. The $30,000 salary is paid to Devenly throughout the year. What is BDO's ordinary income or loss? 365 my in Progress C
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