The XYZ Partnership Is Held by Ten Partners Who Have

question 44

Essay

The XYZ Partnership is held by ten partners who have the following capital and profits ownership of the partnership. The tax year-end used by each of the ten partners is also indicated. Assume each partner has used this year-end for at least five years.
$$\begin{array} { | c | c | c | } \hline \text { Partner } & \text { Ownership } & \text { Partner's Tax Year-End } \\\hline \text { A } & 8 \% & 12 / 31 \\\text { B } & 8 \% & 6 / 30 \\\text { C } & 8 \% & 9 / 30 \\\text { D } & 10 \% & 6 / 30 \\\text { E } & 10 \% & 6 / 30 \\\text { F } & 10 \% & 10 / 31 \\\text { G } & 10 \% & 9 / 30 \\\text { H } & 12 \% & 12 / 31 \\\text { I } & 12 \% & 6 / 30 \\\text { K } & 12 \% & 6 / 30 \\\hline\end{array}$$ What is the required year-end for the XYZ Partnership, assuming that the business has no natural business year and has not filed a Sec. 444 election?

---

Definitions:

Preterm Deliveries

Births that occur before the completion of 37 weeks of pregnancy, potentially leading to health issues for the newborn.

Cesarean Deliveries

A surgical procedure used to deliver a baby through incisions in the abdomen and uterus.

Postmature Babies

Infants born after the normal gestation period, typically considered to be more than 42 weeks, possibly leading to certain health risks.

Brain Damage

A physical injury or dysfunction of the brain that can result from accidents, medical conditions, or other causes, leading to cognitive, physical, or emotional impairments.