J.Bean and D.Counter formed a partnership.During the current year,the partnership had the following income and expenses:

a.Calculate the net ordinary income.
b.List all of the other items that need to be separately reported.
c.If the partnership is on a calendar year tax basis,when is the partnership tax return due?

Question

J.Bean and D.Counter formed a partnership.During the current year,the partnership had the following income and expenses:
​
  
a.Calculate the net ordinary income.
b.List all of the other items that need to be separately reported.
c.If the partnership is on a calendar year tax basis,when is the partnership tax return due?

Quizplus · Accepted Answer

The Answer of J.Bean and D.Counter formed a partnership.During the current year,the partnership had the following income and expenses:
​
  
a.Calculate the net ordinary income.
b.List all of the other items that need to be separately reported.
c.If the partnership is on a calendar year tax basis,when is the partnership tax return due?

JBean and D