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Ron and Stella are debating the tax treatment of a partnership client, Zelle Capital Group. In what order should the tests to determine a partnership's

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Ron and Stella are debating the tax treatment of a partnership client, Zelle Capital Group. In what order should the tests to determine a partnership's yearend be applied? Majority interest taxable year; least aggregate deferral; principal partners test Principal partners test; majority interest taxable year; least aggregate deferral Principal partners test; least aggregate deferral; majority interest taxable year Majority interest taxable year; principal partners test; least aggregate deferral None of the choices are correct

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