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Ted contributed 25,000 in cash for a 25% interest in a partnership. his share of the partnership income for the year was 20,000. in addition,
Ted contributed 25,000 in cash for a 25% interest in a partnership. his share of the partnership income for the year was 20,000. in addition, the partnership reported on the schedule k-1 for the year ted's section 179 share of 4,000 and a share of rental income of 3,500. what is ted's capital account balance on the schedule k-1 for the tax year
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