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For the year ending December 31, 2019, Tom and Jerry partnership shows the following: Cash Distribution to Jerry $ 5,000 Charitable Contributions $ 1,000 Cost

For the year ending December 31, 2019, Tom and Jerry partnership shows the following:

Cash Distribution to Jerry

$ 5,000

Charitable Contributions

$ 1,000

Cost of Goods Sold

$35,000

Guaranteed Payment to Tom

$10,000

Guaranteed Payment to Tom

$10,000

Long-Term Capital Losses

$(1,000)

Municipal Bond Interest

$ 500

Penalties

$ 500

Rent

$ 8,000

Salaries

$ 3,000

Sales

$60,000

Short-Term Capital Gains

$ 600

Supplies

$ 2,000

17- Which tax form does the partnership needs to file? ___________

18- When is the filing due date? ______________

19- Compute the Partnership income (or loss) that will appear on the tax return $_______

20- On which line item does the Partnership income (or loss) appear? _________

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