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Example 4 -- Partnership Year End Jane, Bush Corporation, and Lanier Corporation form the JBL Partnership. The three partners use tax years ending on

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Example 4 -- Partnership Year End Jane, Bush Corporation, and Lanier Corporation form the JBL Partnership. The three partners use tax years ending on December 31, June 30 and September 30, respectively. Jane, Bush Corporation, and Lanier Corporation own 40%, 40%, and 20% of the partnership, respectively. What is the required tax year?

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