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QUESTION

4. Which of the following is not an acceptable partnership tax year?

4. Which of the following is not an acceptable partnership tax year? (Points : 5) 1. The tax year used by any principal partner2. The tax year used by the partners who own a majority interest3. A tax year that results in a 2-month deferral of income for the partners4. C’s tax year if C owns more than 50% of the partnership5. A year-end that coincides with the partnership’s natural business year

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