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XYZ Partnership is a calendar year - end and XYZ are individual partners. Assume that XYZ is an equal 1 / 3 partnership and earns

XYZ Partnership is a calendar year

-

end and XYZ are individual partners. Assume that XYZ is an equal

1 / 3

partnership and earns $

525, 000

of income before considering the guaranteed payment to Z of $

135, 000 .

How much income will Z have from the partnership in

2023 ?

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