Which One of the Following Is an Example of a Special

question 167

Multiple Choice

Which one of the following is an example of a special allocation of partnership income?

• A) The partnership's capital gains and losses are shown separately on Schedule K-1.
• B) Distributions from the partnership to the partner are shown on Schedule K-1 line 20.
• C) The partnership agreement provides that Marcus will report all charitable contributions rather than his 20% distributive share.
• D) The Schedule K-1 reports each partner's share of the information they need in order to calculate the § 199A (qualified business income) deduction.
• E) None of the above items are special allocations.

---

Definitions:

Hogback

A narrow ridge with steep slopes on either side, often formed by the erosion of tilted layers of resistant rocks.

Razorback

A sharp, narrow ridge or a serrated series of peaks often found in rugged mountains.

U-Shaped Valley

A type of valley formed by the action of glaciers, characterized by its U-shaped cross-section, unlike the V-shaped valleys formed by rivers.

Cirque

A bowl-shaped, steep-walled mountain basin carved by glaciation, often serving as the birthplace of a glacier.