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    Federal Taxation
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    Exam 33: Partnerships and S Corporations
  5. Question
    Longhorn Partnership Reports the Following Items at the End of the Current
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Longhorn Partnership Reports the Following Items at the End of the Current

Question 51

Question 51

Essay

Longhorn Partnership reports the following items at the end of the current year:
Longhorn Partnership reports the following items at the end of the current year:    What is the partnership's ordinary income? Which items are separately stated? What is the partnership's ordinary income? Which items are separately stated?

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