Can somebody explain to me taxes on partnership draw?
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Date: June 21st, 2018 11:44 AM Author: Burgundy Alpha Station
I"m getting paid on a draw, on a partnership interest, receiving a K-1 at the end of year.
Are my individual tax rates the same as ordinary income?
Are there any extra deductions I can take, like for business expenses?
(http://www.autoadmit.com/thread.php?thread_id=4007188&forum_id=2#36284229)
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