Each of the following is an example of the aggregate (or conduit) concept in partnership taxation except: The determination of whether a section 179 Deduction may be taken is determined at the partner level b. The partners, rather than the partnership, pay the tax on the partnership Income C Charitable donations made by the partnership are separately stated items d. Different tax rates may apply to partnership capital gains for different partners; All of the above are examples of the aggregate (or conduit) concepti QUESTION 2 Which one of the following statements regarding partnership taxation is incorrect? A partnership is required to file a return with the IRS. Partnership Income is comprised of ordinary partnership income or loss and separately stated items. Partnership income is a taxable at the entity level for Federal income tax purposes. A partner's profitsharing percent may differ from the partner's losssharing percent