How is a Sec. 707(a) payment to a partner for services treated by the partner and the

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How is a Sec. 707(a) payment to a partner for services treated by the partner and the partnership? When will it be recognized by a cash basis partner? When will it be deducted by a partnership?

Posted Date: Sep 29, 2021 02:27 PM

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How is a Sec. 707(a) payment to a partner for services treated by the partner and the

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Cash basis partner when received Partnership when included i... View the full answer

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