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Demarcus Is a 50% Partner in the DJ Partnership

Question 67

Multiple Choice

Demarcus is a 50% partner in the DJ partnership. DJ has taxable income for the year of $200,000. Demarcus received a $75,000 distribution from the partnership. What amount of income related to DJ must Demarcus recognize?


A) $200,000
B) $75,000
C) $100,000
D) $37,500

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