Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
2 Cards in this Set
- Front
- Back
|
Partnership Taxable Year rules
|
1. if all partners, are individuals, use calendar year
2. majority year 3. if all principals are the same, use that 4. least aggregate deferral |
|
|
How are capital accounts calculated?
|
Sum of FMV of contributions/distributions net of liabilities
|
