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If a partnership sells contributed property, it may be required to recapture depreciation deductions previously claimed before or after the contribution True False Question 13

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If a partnership sells contributed property, it may be required to recapture depreciation deductions previously claimed before or after the contribution True False Question 13 (10 points) A partnership's transaction will always be respected by the IRS if it falls within the literal words of a statute or regulation. True False

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