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Kayce owns 5 0 % of Blue Socks Partnership. Blue Socks has $ 1 0 0 , 0 0 0 net taxable income in 2
Kayce owns of Blue Socks Partnership. Blue Socks has $ net taxable income in Kayce withdraws $ from Blue sock. Which of the following are true? Kaycenbash will renain the same, but she will pay tar on her withdrawal Kayce banh wil incmane and decrease simultaneoukly but the will pay no tax on her withdrawal Kayce's will poy tax on the income Blue Socks earned on her withdrawal Kayces basis will decrease, but she will pay no tax on her withdrawal
Kayce owns of Blue Socks Partnership. Blue Socks has $ net taxable income in Kayce withdraws $ from Blue sock. Which of the following are true?
Kaycenbash will renain the same, but she will pay tar on her withdrawal
Kayce banh wil incmane and decrease simultaneoukly but the will pay no tax on her withdrawal
Kayce's will poy tax on the income Blue Socks earned on her withdrawal
Kayces basis will decrease, but she will pay no tax on her withdrawal
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