Which of the following is not an acceptable partnership tax year?
A)The tax year used by any principal partner
B)The tax year used by the partners who own a majority interest
C)A tax year that results in only a 2-month deferral of income for the partners
D)C's tax year if C owns more than 50 percent of the partnership

Question

Quizplus · Accepted Answer

The Answer of Which of the following is not an acceptable partnership tax year?
A)The tax year used by any principal partner
B)The tax year used by the partners who own a majority interest
C)A tax year that results in only a 2-month deferral of income for the partners
D)C's tax year if C owns more than 50 percent of the partnership

Which of the Following Is Not an Acceptable Partnership Tax