Deductions to Arrive At Partnership Income

  • Creator
    Topic
  • April 13, 2018 at 7:44 am #1764916
    Lauren G
    Participant

    In the Ninja Notes for regulation the formula for deductions to arrive at partnership income begins with
    (cogs)
    (wages)
    ect.

    I am wondering what if there is an initial number you start with to get the partnership income so it doesn’t always come out to be a negative.

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