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Business, 12.12.2019 23:31 BakerElsie02
Enercio contributes $100,000 in exchange for a 40% interest in the calendar year abc llc, which is taxed as a partnership. this year, the llc generates $80,000 of ordinary taxable income and has no separately stated income or expenses. enercio withdrew $10,000 from the partnership during the year. enercio is taxed on what amount of abc’s income? on how much of the $10,000 distribution will enercio be taxed?
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Enercio contributes $100,000 in exchange for a 40% interest in the calendar year abc llc, which is t...
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