One of the disadvantages of the partnership form is that the partner's share of the partnership's taxable income is taxed to the partner even if it is not distributed.

Name: One of the disadvantages of the partnership form is that the partner's share of the partnership's taxable income is taxed to the partner even if it is not distributed.
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In a partnership, each partner's share of profits is taxed as personal income, regardless of whether these profits are distributed or retained within the business.

One of the Disadvantages of the Partnership Form Is That