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Save Antwer 2 points land Hillary formed Clinton Partnership, a car dealership in Fayetteville, in 2019. in 2020. Bill and Hillary realized they needed an

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Save Antwer 2 points land Hillary formed Clinton Partnership, a car dealership in Fayetteville, in 2019. in 2020. Bill and Hillary realized they needed an advertising expert to sist in their business. The two partners offered Albert, a marketing expert, a 1/3 capital interest in their partnership for contributing his expert services, bert agreed to this arrangement and received his capital interest in 2020. If the value of the partnership's capital equals 5180.000 when Albert receives his 3 capital interest, which of the following tax consequences does not occur in 20207 a. Albert reports $60,000 of ordinary income in 2020, and Bill and Hillary receive an ordinary deduction of $30,000 in 2020 b. Bill Hillary and Albert receive an ordinary deduction of $20.000 in 2020 c Albert reports 560,000 of ordinary income in 2020 d. Bill and Hillary receive an ordinary deduction of $30,000 in 2020

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