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mike and Amy are general partners in little cakes. they must file a form 1065 unless They received no income, incurred no expenses, and qualify
mike and Amy are general partners in little cakes. they must file a form 1065 unless
They received no income, incurred no expenses, and qualify for no tax credits.
The business operates at a net loss for at least three consecutive years.
They file a Notice of Dissolution with the IRS.
They satisfy the requirements for a technical termination of their partnership.
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