For Tax Purposes, a Partner Who Receives Retirement Payments Ceases

question 80

Multiple Choice

For tax purposes, a partner who receives retirement payments ceases to be regarded as a partner

• A)on the last day of the taxable year in which the partner retires.
• B)on the last day of the month in which the partner retires.
• C)on the day on which the partner retires.
• D)only after the partner's last payment is received.

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