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Jane and Roy Have a Partnership with Their Company of JR

Question 110

Multiple Choice

Jane and Roy have a partnership with their company of JR Enterprises.Which statements reflect how the partnership pays taxes?


A) JR Enterprises does not pay any taxes.
B) JR Enterprises pays taxes only as a partnership.
C) Jane and Roy each pay taxes on the total income.
D) Jane and Roy do not pay taxes since they are married.

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