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A Partnership Must Provide Any Information to the Partners That

question 44

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A partnership must provide any information to the partners that the partners would need to calculate deductions not permitted at the partnership level, such as for oil and gas depletion or the corporate dividends received deduction.


Definitions:

Agoraphobia

An anxiety disorder characterized by an intense fear of being in situations where escape might be difficult or where help wouldn't be available if things go wrong.

Obsessive-Compulsive Disorder

A mental disorder characterized by intrusive thoughts that produce anxiety (obsessions) and repetitive behaviors meant to reduce that anxiety (compulsions).

Phobic Disorder

A type of anxiety disorder characterized by an intense and irrational fear of specific objects, activities, or situations that poses little to no actual danger.

Bipolar Disorder

A mental health condition characterized by significant mood swings including manic highs and depressive lows.

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