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,whether it is distributed.

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This statement is true. Partnerships are pass-through entities, meaning that the partnership itself is not taxed on its income. Instead, each partner is responsible for paying taxes on their share of the partnership's taxable income, regardless of whether the income is actually distributed to them. This can potentially result in partners having to pay taxes on income that they have not received in cash, which is a disadvantage of the partnership form.

One of the Disadvantages of the Partnership Form Is That