Which of the following is reported as ordinary income or expense from a partnership?

Name: Which of the following is reported as ordinary income or expense from a partnership?
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Question

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Depreciation expense is reported as ordinary income or expense from a partnership. Gain on the sale of a Section 1231 asset is reported as capital gain or loss, dividend income is reported as a distribution of profits, and Section 179 expense is a deduction for qualifying asset purchases.

Which of the Following Is Reported as Ordinary Income or Expense