Question: A partnership may use the cash method despite having a corporate partner when the partnership's average gross receipts for the prior 3 taxable years don't

A partnership may use the cash method despite having a corporate partner when the partnership's average gross receipts for the prior 3 taxable years don't exceed?

A) $5,000,000

B) $1,000,000

C) $25,000,000

D) Partnerships may never use cash method if they have corporate partners.

Explain

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