In what taxable year must a partner recognize her share of partnership income?
The months of deferral of partnership income that a partner gets is the number of
months from when to when?
If a partnership can not come up with an acceptable business purpose for a taxable
year, how must it determine its taxable year (what three methods, in order)?
If no group of partners with the same taxable year own, in the aggregate, more than
50% of the partnership, how will the partnership taxable year be determined?
A principal partner must own at least what percent of the partnership?
Under the de minimis rule, a partnership will not be required to change its taxable
year, even though the taxable year of least aggregate deferral changes, if what
Even if it is unlikely, could a partnership potentially be required to change its taxable
year end every year?
One way for a partnership to demonstrate a business purpose taxable year is to show
that there is a natural business year.
How does it show that?