arielgar1486 arielgar1486

04-03-2020
Social Studies

contestada

Which of the following statements about a partnership is true? A. Partners are taxed on distributions from a partnership. B. Partners are taxed on their allocable share of income whether it is distributed or not. C. A partnership is a taxpaying entity. D. Partners are considered employees of the partnership.

Respuesta :

bratislava bratislava

08-03-2020

Answer:

B. Partners are taxed on their allocable share of income whether it is distributed or not.

Explanation:

The partnership is an agreement between the two or more people to oversee the business and shares its profits and liabilities. The partner's agreement to cooperate in advance of their mutual interest and enjoy the special benefits of the tax policy.

Answer Link

Otras preguntas

In "Mr. and Mrs. Dove," how does Reggie’s desire to forge a relationship with Anne advance the plot? choose 1 1 Reggie pushes aside doubts and insecurities and

pls help this is from khan academy

Geese Company utilizes the LIFO retail inventory method. Its cost-to-retail percentage is 60% based on beginning inventory and 64% based on current-period purch

The joint density function for a pair of random variables X and Y is given. f(x, y) = Cx(1 + y) if 0 ≤ x ≤ 4, 0 ≤ y ≤ 4 0 otherwise f(x,y) = 0 A) Find the value

In the figure below, angle y and angle x form vertical angles. Angle x forms a straight line with the 50° angle and the 40° angle. A straight line is shown and

The requirement to earn all the necessary degree in Law

the main effect of the Articles of Confederation?

Tonya wants to estimate what proportion of the students in her dormitory like the dorm food. She interviews an SRS of 50 of the 175 students living in the dormi

Andrea Apple opened Apple Photography, Inc. on January 1 of the current year. During January, the following transactions occurred and were recorded in the compa

Choose a strategy to clone genes known only by a mutant phenotype in organisms with highly efficient transformation procedures and relatively small genomes. a.