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    Taxation of Individuals
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    Exam 20: Forming and Operating Partnerships
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    What Type of Debt Is Not Included in Calculating a Partner's
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What Type of Debt Is Not Included in Calculating a Partner's

Question 33

Question 33

Multiple Choice

What type of debt is not included in calculating a partner's at-risk amount?


A) Nonrecourse debt.
B) Recourse debt.
C) Qualified nonrecourse debt.
D) All of these types of debt are included in the at-risk amount.

Correct Answer:

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