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Sue is a general partner in a coffee shop, Per the partnership agreement, Sue received a guaranteed payment of $20,000 and also took a cash
Sue is a general partner in a coffee shop, Per the partnership agreement, Sue received a guaranteed payment of $20,000 and also took a cash distribution of $5000. The ordinary income on Schedule K was $86,400 for the partnership. On Sue's K-1 what amount in box 14
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IT Auditing And Application Controls For Small And Mid Sized Enterprises Revenue Expenditure Inventory Payroll And More
Authors: Jason Wood, William Brown, Harry Howe
1st Edition
1118072618, 9781118072615
