Which of the following statements, regarding partnerships, is FALSE? Multiple Choice A...
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Accounting
Which of the following statements, regarding partnerships, is FALSE? Multiple Choice A general partners distributive share of income is subject to selfemployment tax. A limited partners distributive share of income is subject to selfemployment tax. A general partners guaranteed payment is subject to selfemployment tax. All of the above statements are true.
Which of the following statements, regarding partnerships, is FALSE?
Multiple Choice
A general partners distributive share of income is subject to selfemployment tax.
A limited partners distributive share of income is subject to selfemployment tax.
A general partners guaranteed payment is subject to selfemployment tax.
All of the above statements are true.
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