Which of the following items is generally reported as a separately stated item on a partnership return?

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Which of the following items is generally reported as a separately stated item on a partnership return?

a. Gross ordinary income from the operations of the partnership business

b. Typical MACRS depreciation

c. Employee salaries expense

d. Insurance expense

e. Guaranteed payments to a partner

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Income Tax Fundamentals 2023

ISBN: 9780357719527

41st Edition

Authors: Gerald E. Whittenburg, Steven Gill

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