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Individuals A and B carry on business through a partnership. A and B are both active in the business and share profits equally after deducting
Individuals A and B carry on business through a partnership. A and B are both active in the business and share profits equally after deducting partner salaries. In the current year the partnership paid salaries of $ to A and $ to The partnership reported net income of $ after partner salaries. The net income includes a gain of $ on the sale of nondepreciable Gapital property, $ of eligible dividends, and a deduction of $ for charitable donations. Determine As share of the partnership net income for tax purposes.
$
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