Question: choose the correct response that correctly completes the next sentence describing the unique tax treatment of PTPs: if there was a fully taxable disposition of
choose the correct response that correctly completes the next sentence describing the unique tax treatment of PTPs: if there was a fully taxable disposition of the entire interest to an unrelated taxpayer during the year, then: The income and loss must be categorized as section and section Passive loss from other PTPs the taxpayer invests in can be deducted from the overall gain from the disposition of the PTP the Outside basis of the PTP is not relevant the year the PTP is disposed of
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