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The Otey v. Commissioner case, 70 TC 312 (1978) caused turmoil in the partnership tax field. a) What did that case hold? b) What was

The Otey v. Commissioner case, 70 TC 312 (1978) caused turmoil in the partnership tax field. a) What did that case hold? b) What was the concern of the IRS and Congress regarding that decision? c) What 3 sections of the IRC did Congress add to overrule the effect of the Otey case? c) What do these 3 sections provide

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