Shifting allocations most often arise as a result of which o
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