Chapter 10: Partnership Taxation Chapter Contents
Chapter 10 Partnership Taxation Chapter Introduction 101 Nature of Partnership Taxation 101a What Is a Partnership? 102 Partnership Formation 103 Partnership Income Reporting 103a Form 1099K Reporting Merchant Card and ThirdParty Payments 104 Current Distributions and Guaranteed Payments 104a Guaranteed Payments 105 Tax Years 106 Transactions between Partners and the Partnership 107 The AtRisk Rule 108 Limited Liability Companies 108a Advantages 108b Disadvantages Questions and Problems Key Terms Key Points Group 1: Multiple Choice Questions Group 2: Problems Group 3: Comprehensive Problem Key Number Tax Return Summary Chapter 10: Partnership Taxation Chapter Contents
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