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    Federal Taxation
  4. Exam
    Exam 11: Partnerships: Distributions, transfer of Interests, and Terminations
  5. Question
    Rex and Scott Operate a Law Practice in Partnership Form
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Rex and Scott Operate a Law Practice in Partnership Form

Question 25

Question 25

True/False

Rex and Scott operate a law practice in partnership form.Since Rex and Scott are brothers,the partnership is subject to the family partnership income reallocation rules.

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