Читать книгу Taxation Essentials of LLCs and Partnerships - Larry Tunnell - Страница 31

Consider the facts of example 1-14. Assume partner J incurred net capital losses outside the partnership of ($5,500) and had net investment interest expense (in excess of investment income) of ($2,000). D, the other partner, had no capital gains or losses outside the partnership, and no investment interest expense. For the current year, J's share of partnership income (and the items thereof) will cause her taxable income to increase by $102,000 ($103,500 ordinary income, plus $7,500 long-term capital gain, plus $3,500 interest income, less ($5,000) charitable contributions, less additional capital loss deduction of ($5,500) and additional investment interest expense deduction of ($2,000)). D's share of partnership items, in contrast, will increase her current year taxable income by $109,500 ($103,500 + $7,500 + $3,500 – $5,000). Having no capital losses or excess investment interest expense outside the partnership, her share of partnership items does not increase her other deductions as it did for J.