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Which of the following is not an advantage of electing out of partnership treatment? a) A federal partnership tax return will not be required. b)
Which of the following is not an advantage of electing out of partnership treatment?
a) A federal partnership tax return will not be required.
b) Certain elections normally made at partnership level can be made at the individual level.
c) The election will apply for federal income tax and employment tax purposes.
d) Members will not have to depend on the partnership to apply appropriate tax treatment to
various items.
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