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Get your taxes done using TurboTax
@cr0ne Ordinary gain is passive income generated by the partnership, and is available to offset passive losses from the same partnership.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
March 26, 2023
7:34 AM
723 Views