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Enercio contributes $235,400 in exchange for a 40% interest in the calendar year ABC LLC, which is taxed as a partnership. This year, the LLC generates $188,320 of ordinary taxable income and has no separately stated income or expenses. Enercio withdrew $23,540 from the partnership during the year. Enercio is taxed on what amount of ABC's income? $fill in the blank 1 How much of the $23,540 withdraw will Enercio be taxed?.

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Enercio contributes $235,400 in exchange for a 40% interest in the calendar year ABC LLC, which is taxed as a partnership. This year, the LLC generates $188,320 of ordinary taxable income and has no separately stated income or expenses. Enercio withdrew $23,540 from the partnership during the year. Enercio is taxed on what amount of ABC's income? $fill in the blank 1 How much of the $23,540 withdraw will Enercio be taxed?

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Enercio contributes $235,400 in exchange for a 40 interest in the c.pdf

  • 1. Enercio contributes $235,400 in exchange for a 40% interest in the calendar year ABC LLC, which is taxed as a partnership. This year, the LLC generates $188,320 of ordinary taxable income and has no separately stated income or expenses. Enercio withdrew $23,540 from the partnership during the year. Enercio is taxed on what amount of ABC's income? $fill in the blank 1 How much of the $23,540 withdraw will Enercio be taxed?