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One major difference between the S corporation and partnership federal income tax plan A. partnerships can adjust the inside basis of partnership assets to reflect
One major difference between the S corporation and partnership
federal income tax plan
A. partnerships can adjust the inside basis of partnership assets to reflect the pr partnership interest by making a Section
B. only partnership benefit from pass through taxation
C. S corporation shareholders obtain additional tax basis from corporate debt
D. S corporations can make special allocations of tax items among the shareholders
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