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  3. Study Set
    Taxation of Individuals
  4. Exam
    Exam 20: Forming and Operating Partnerships
  5. Question
    An Additional Allocation of Partnership Debt or Relief of Partnership
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An Additional Allocation of Partnership Debt or Relief of Partnership

Question 94

Question 94

True/False

An additional allocation of partnership debt or relief of partnership debt is considered to be a deemed cash contribution or cash distribution, respectively.

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