Mathematics, 20.11.2019 05:31, joooselinn9688
The xyz partnership reports the following operating results for the current year: net longminusâterm capital loss ($40,000) net sec. 1231 loss ( 16,000) ordinary income 50,000 tai has a 20% profits interest and a 25% loss interest in the xyz partnership. his distributive share of ordinary income is a. $6,800. b. $12,500. c. $10,000. d. $8,500.
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The xyz partnership reports the following operating results for the current year: net longminusâter...
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