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On March 1, 20X0, M retired from the MNO Partnership, a calendar-year partnership. M continued to receive retirement payments until February 28, 20X1, when his

On March 1, 20X0, M retired from the MNO Partnership, a calendar-year partnership. M continued to receive retirement payments until February 28, 20X1, when his entire partnership interest was liquidated. For tax purposes, when did M cease to be regarded as a partner? a. March 1, 20X0 b. December 30, 20X0 c. December 31, 20X1 d. February 28, 20X1

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