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Shifting allocations most often arise as a result of which of the following? A A partner with
capital losses being allocated capital gains B A partner with capital losses being allocated
ordinary income C A partner with ordinary income being allocated capital losses or D A partner
with Section 1231 losses being allocated Section 1231 gains
Solution
A partner with capital losses being allocated capital gains is a sign of Shifting allocations
Option A is correct

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Shifting allocations most often arise as a result of which of the fo.pdf

  • 1. Shifting allocations most often arise as a result of which of the following? A A partner with capital losses being allocated capital gains B A partner with capital losses being allocated ordinary income C A partner with ordinary income being allocated capital losses or D A partner with Section 1231 losses being allocated Section 1231 gains Solution A partner with capital losses being allocated capital gains is a sign of Shifting allocations Option A is correct