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10Jul

Partners Must Pay Self-Employment Tax on Partnership Income—Even From a 'Disregarded Entity'

The IRS has published Final Regulations finalizing its prior guidance that partners in a partnership must pay self-employment tax on their partnership income, even if they work for an entity owned entirely by the partnership and that is disregarded...
By: Ballard Spahr LLP
Source Url: https://www.jdsupra.com/legalnews/partners-must-pay-self-employment-tax-51592/

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