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Sheena Maskell Sheena Maskell
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Posts: 1902
7 years ago
Adam owns interest in partnerships A and B, both of which are Publicly Traded Partnerships. During the current year, Adam's share of the income from A is $12,000. Adam's share of B's loss is $3,500. B also generates portfolio income of which Adam's share is $2,000. What are the tax consequences of these income and loss items?
Textbook 
Prentice Hall's Federal Taxation: 2011: Individuals

Prentice Hall's Federal Taxation: 2011: Individuals


Edition: 14th
Authors:
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MsLippyMsLippy
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7 years ago
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Sheena M. Author
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7 years ago
Really helped
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