Question: If a partnership has a net section 1 2 3 1 gain, how is it reported?A . On Form 1 0 6 5 , line

If a partnership has a net section 1231 gain, how is it reported?A. On Form 1065, line 1B. Separately stated on Schedule K and K-1C. As ordinary income onlyD. On Schedule LE. None of these

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