Section 469 prevents partners from using partnership losses from activities in which the partner does not materially
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Section 469 prevents partners from using partnership losses from activities in which the partner does not materially participate, to offset the partner's ordinary income earned outside the partnership. Discuss?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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