Business, 12.12.2019 02:31 cornpops4037

Charlotte is a partner in, and sales manager for, cd partners, a domestic business that is not a specified services trade or business. during the tax year, she receives guaranteed payments of $250,000 from cd partners for her services to the partnership as its sales manager. in addition, her distributive share of cd partners' ordinary income (its only item of income or loss) was $175,000.

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Charlotte is a partner in, and sales manager for, cd partners, a domestic business that is not a spe...

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