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Taxation of Business Entities: Definition and Formation: Partnership Formation: Liabilities

This lesson is best used after studying Taxation of Business Entities in class. The lesson provides problem sets to work through to allow you to refine your ability to apply the Code and Regs. to a variety of situations involving partnership formation, especially liabilities. Code sections reviewed include 731, 722, 733, and 752.

Lesson Completion Time

20 minutes
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Lesson ID

TAX177