Joe, Ben, and Melissa are partners in Collins Partnership. All three use a calendar year end for
Question:
Joe, Ben, and Melissa are partners in Collins Partnership. All three use a calendar year end for their individual taxes. Collins Partnership’s year end is likely to be:
a. October 31 since that is only three months prior to calendar year end.
b. The end of any month during the year.
c. January 31 but only if Collins Partnership’s accounting year end is January 31
d. December 31.
e. None of the above.
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Related Book For 
Income Tax Fundamentals 2019
ISBN: 9781337703062
37th Edition
Authors: Gerald E. Whittenburg, Steven Gill
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