A Partnership Must File an

question 63

Multiple Choice

A partnership must file an

• A) informational return with the Internal Revenue Service.
• B) income tax return with the Internal Revenue Service.
• C) income tax return with the state in which it has its principal office.
• D) All of these choices are correct.

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Definitions:

War

A state of armed conflict between different countries or different groups within a country, involving organized aggression and often formal declaration.

Labor

encompasses the body of work, whether physical or intellectual, performed by individuals in exchange for compensation, and is a critical component of economic systems.

Strikes

A refusal to work organized by a body of employees as a form of protest, typically in an attempt to gain a concession from their employer.

Federal Legislation

Laws passed by the national government or Congress of a country, particularly referring to the United States, that apply to all states and citizens within the country.