What is a benefit of electing qualified joint venture status? a) Both spouses will receive...
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What is a benefit of electing qualified joint venture status? a Both spouses will receive credit for Social Security earnings. b Passive loss limitations will not apply to rental real estate. c Both spouses will be exempt from selfemployment tax. d One spouse will be treated as an employee of the other spouse.
What is a benefit of electing qualified joint venture status? a Both spouses will receive credit for Social Security earnings. b Passive loss limitations will not apply to rental real estate. c Both spouses will be exempt from selfemployment tax. d One spouse will be treated as an employee of the other spouse.
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