Match the following independent distribution payments in liquidation of a partner's interest in an ongoing partnership with the statements below.
-Distribution of cash of $10,000 to a general partner for goodwill, where goodwill is provided for in the partnership agreement, and the partnership derives most of its income from services.
A)A payment for the partner's share of partnership income under § 736(a).
B)A payment for the partner's share of partnership property under § 736(b).
C)The payment includes both a § 736(a) and a § 736(b) element.

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The Answer of Match the following independent distribution payments in liquidation of a partner's interest in an ongoing partnership with the statements below.
-Distribution of cash of $10,000 to a general partner for goodwill, where goodwill is provided for in the partnership agreement, and the partnership derives most of its income from services.
A)A payment for the partner's share of partnership income under § 736(a).
B)A payment for the partner's share of partnership property under § 736(b).
C)The payment includes both a § 736(a) and a § 736(b) element.

Match the Following Independent Distribution Payments in Liquidation of a Partner's