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    Federal Taxation
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    Exam 11: Partnerships Distributions Transfer of Interests and Terminations
  5. Question
    In the Year a Donor Gives a Partnership Interest to a Donee
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In the Year a Donor Gives a Partnership Interest to a Donee

Question 18

Question 18

True/False

In the year a donor gives a partnership interest to a donee, their share of the partnership's income is prorated between the donor and donee.

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