In 20X1, Waters LLC generates ordinary business income of $40,000 and makes no distributions to its partners. In 20X2, Waters recognizes $0 ordinary income, but makes a $20,000 total cash distribution to its partners. Pink, a 25% member in Waters, has an outside basis in Waters of over $200,000 when 20X1 begins. What amount of income will Pink recognize in 20X1 and 20X2
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Business, 21.06.2019 22:30
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Business, 22.06.2019 06:30
Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication
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Business, 22.06.2019 19:30
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Business, 23.06.2019 00:30
Dr. hughes enjoys offering to employees who perform over and above the call of duty
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In 20X1, Waters LLC generates ordinary business income of $40,000 and makes no distributions to its...
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