If a partership takes a loss of $24,000 and receives cash of $12,000

aherrera Posts: 1, Reputation: 1

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Jun 21, 2012, 08:53 PM

If a partership takes a loss of $24,000 and receives cash of $12,000

If a partership takes a loss of $24,000 and receives cash of $12,000 would she report the hold loss of $24,000 and the cash of $12,000 on the income tax return?

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