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Kerry is a partner in the Kerry, Davis, Smith and Jones Partnership. Kerry owned 2 5 % from January 1 , 2 0 2 2
Kerry is a partner in the Kerry, Davis, Smith and Jones Partnership. Kerry owned from January to June when she bought Jones's interest. She owned for the rest of the year. The partnership had ordinary income of $ and $ in longterm capital gains.
Required:
Barring any special allocations in a partnership agreement, what is Kerry's share of income?
Note: Do not round any division. Round other computations to the nearest whole dollar value.
tableAmountOrdinary income,LTCG
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