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The EEL Partnership earned ordinary income of $165,000 in 2022. The partnership has three equal partners, Ethan, Eric, and Logan. Logan, who is single, uses
The EEL Partnership earned ordinary income of $165,000 in 2022. The partnership has three equal partners, Ethan, Eric, and Logan. Logan, who is single, uses the standard deduction, and has other income of $18,000 (not connected with the partnership) in 2022. He receives a $35,000 distribution from the partnership during the year. What is Logan's taxable income in 2022
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Handbook Of Research In Education Finance And Policy
Authors: Helen F. Ladd, Margaret E. Goertz
2nd Edition
0415838010, 978-0415838016
