Question: Select one: a. Partnership taxable income includes separately stated items under section 702. b. Partnership taxable income must be calculated based on the cash method

Select one: a. Partnership taxable income includes separately stated items under section 702. b. Partnership taxable income must be calculated based on the cash method of tax accounting. c. There is no tax concept called partnership taxable income because partnership's don't pay taxes. d. Partnership capital gains are not included in partnership taxable income because they must be separately stated. e. None of the above

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