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Identify which of the following statements is true. A partnership cannot have an NOL carryback or carryforward. Dividends received by a partnership from a domestic
Identify which of the following statements is true.
A partnership cannot have an NOL carryback or carryforward.
Dividends received by a partnership from a domestic corporation are included in the partnership's ordinary income.
A partnership cannot make charitable contributions.
All of the above are false.
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