The Sec. 1061 capital interest exception and its impact on hedge …
https://www.thetaxadviser.com/issues/2021/aug/sec-1061-capital-interest-exception-hedge-funds.html
Web ResultAug 1, 2021 · The Sec. 1061 capital interest exception and its impact on hedge funds. Under Sec. 705, a partner in a partnership maintains a single basis in the partnership interest, and allocations are made to the partner to a single Schedule K-1 (Form 1065), Partner's Share of Income, Deductions, Credits, etc.
DA: 81 PA: 64 MOZ Rank: 10