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Dan Robertson is one of the owners of a firm which generated $25,000 in taxable income last year. Dan did not have to pay any

  1. Dan Robertson is one of the owners of a firm which generated $25,000 in taxable income last year. Dan did not have to pay any personal tax on his share of the firm's income. Dan must be a partial owner of a:
    1. Sole proprietorship.
    2. General partnership.
    3. Limited partnership.
    4. Non-dividend paying corporation.
    5. Limited liability company.

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