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    Federal Taxation
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    Exam 21: Partnerships
  5. Question
    Partners' Capital Accounts Should Be Determined Using the Same Method
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Partners' Capital Accounts Should Be Determined Using the Same Method

Question 143

Question 143

True/False

Partners' capital accounts should be determined using the same method on Form 1065 Schedule L,Form 1065 Schedule M-2,and the Schedules K-1 prepared for the partners.

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