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Dashboard X + X - C O B https://jainexams.jgianveshana.com/mcq_exam_new.aspx?Subject=21VMC35404-INTERNATIONAL TAXATION - III e E JGi JAIN 221VMCRO0177 BALWINDER SINGH DANG SEMED TO BE UNIVERSITY Subject : 21VMC35404-INTERNATIONAL TAXATION - III Exam Start Time : 15/11/2024 10:21 AM Duration : 200 Minutes 42. Black has a one-third interest in the profits and losses of Swift Partnership. Swift's ordinary Show Palette income for the current calendar year is $45,000, after a $5,000 deduction for a guaranteed COMPLETE payment made to Black for services rendered. None of the $45,000 ordinary income was distributed to the partners. What is the total amount that Black must include from Swift as taxable income in his current year tax return? O A. $5,000 O B. $15,000 O C. $20,000 O D. $25,000 2024 @ JGIAnveshana. Design & Develop by JGIAnveshana javascript:_doPostBack('ctl00$ContentPlaceHolder1Srptquestioninfo$ctl39$Inkbtnquestionnumber',") Type here to search B 11:09 ^ 9 6() ENG 15-11-2024 FA