Question: Martin Aggerwal has a 3 0 % interest in a partnership. During the current year, the partnership realized capital gains of $ 4 2 ,

Martin Aggerwal has a 30% interest in a partnership. During the current year, the partnership realized capital gains of $42,000, received non-eligible dividends of $15,000, and made charitable donations of $6,000. Martin has made no charitable donations personally. He has no income that will be subject to the 33% federal income tax rate. Which of the following statements is correct?

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