61 Pa. Code § 121.11

Current through Register Vol. 54, No. 45, November 9, 2024

Section 121.11 - Partnership or similar enterprise

(a) If a person is a member of a partnership, joint venture or similar enterprise, the person shall report his share of taxable income whether he received it or not.

(b) A taxpayer should enter his share of net profits on line two.

61 Pa. Code § 121.11

The provisions of this §121.11 amended December 10, 1999, effective 12/11/1999, 29 Pa.B. 6249.

The provisions of this §121.11 amended under section 354 of the Tax Reform Code of 1971 (72 P. S. § 7354).