Question: Write short written responses to questions: 1. When is a partnership income tax return required and not required? 2. What is the relevance of a

Write short written responses to questions:

1. When is a partnership income tax return required and not required?

2. What is the relevance of a partnership agreement in preparing a partnership income tax return?

3. How are partner's salaries treated for income tax? what are the restrictions on when they can be paid ?

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