januarieb8 januarieb8
  • 18-08-2021
  • Business
contestada

how are taxes handled in a partnership from a business ownership?





Respuesta :

hdxure
hdxure hdxure
  • 18-08-2021

Answer:

A partnership doesn't pay income tax as a business. It divides the income equally among the partners, who then pay income tax on their portion.

Answer Link

Otras preguntas

What was the Russian Revolutions with Czar Nicholas II?
People who wish to become U.S. citizens must A)be able to read, write, and speak basic English B) graduate from a U.S. high school C) complete at least 100 volu
Legends, religious beliefs, and social customs are examples of what?
use Vietcong in a sentence
How did the Vietnam War influence the foreign policy of Richard Nixon? A.He established a policy that would prevent any expansion of communism. B.He developed a
Which choice is equivalent to the quotient shown here when x>0 √72x^3 divided by √50x^2 a.6x/5 b.√22x c.6√x/5 d.√72x^3 - 50x^2
What describes a step that each former Confederate state had to take to gain readmission to the Union? (3 points) Select one: a. ratify the Thirteenth Amendment
What is the percent mass/volume and molarity of sodium chloride solution, if 2.0grams of salt is collected by evaporating from 30.0ml of sodium chloride solutio
if i sleep waaaay too much is that unhealthy or is it still giving me a lot of energy?
Compare the productivity of terrestrial and aquatic ecosystems against the percent of Earth’s surface area they occupy.