General partnerships are pass-through entities regarding taxation; however,limited partnerships are not pass-through entities for taxes.

Name: General partnerships are pass-through entities regarding taxation; however,limited partnerships are not pass-through entities for taxes.
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Both general partnerships and limited partnerships are considered pass-through entities for tax purposes, meaning the income is passed through to the partners who then report it on their personal tax returns.

General Partnerships Are Pass-Through Entities Regarding Taxation; However,limited Partnerships Are