Question: Jameson Dowling has a 4 3 % interest in a partnership. In the current year, the partnership had accounting income of $ 1 2 2
Jameson Dowling has a interest in a partnership. In the current year, the partnership had accounting income of $ In determining this amount, the following items are deducted: View the partnership items deducted.
What is the amount of partnership income that Jameson should report in his income tax return for the current year?
A $
B $
C $
D $
Partnership Items deducted
Partner salaries
Interest on partner capital contributions
Charitable contributions
Salary to Jameson's spouse she does accounting for the par
Personal expenses of the partners
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