1. Business
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  3. on jan 1 z made a gift of 30 interest...

Question: on jan 1 z made a gift of 30 interest...

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on jan 1 z made a gift of 30% interest of aaa to his daughter d the partnership business is auto repair capital was not a material income factor d did not work any z retain 20% and Mr g the other partner perform all the work a reasonable salary for z was 60000 and g 20000 which was guarnteed payments taxable income was 160000 before guaranteed payments how much income should z include in his return for this year

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