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Shifting allocations most often arise as a result of which of the following? A) a partner with capital losses being allocated capital gains. B) a
Shifting allocations most often arise as a result of which of the following? A) a partner with capital losses being allocated capital gains. B) a partner with capital losses being allocated ordinary income. C) a partner with ordinary income being allocated capital losses. D) a partner with Section 1231 losses being allocated Section 1231 gains. (AND WHY?)
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