REG CPA Practice Questions: Partnership Ordinary Income and Separately Stated Items

In this video, we walk through 5 REG CPA exam practice questions teaching how to calculate Partnership ordinary business income and separately stated items. Important Links Link to the free study training webinar mentioned in the video: https://www.superfastcpa.com/strategic-study See the full post for this video: https://www.superfastcpa.com/reg-cpa-practice-questions-explained-how-to-calculate-partnership-ordinary-business-income-and-separately-stated-items/ See the other REG walkthrough videos here: https://www.superfastcpa.com/free-reg-cpa-practice-question-walkthroughs/ 00:00 Intro 00:51 Question 1: Calculating Partnership Ordinary Income 03:02 Question 2: Determining Separately Stated Items 05:05 Question 3: Guaranteed Payments 06:51 Question 4: What Is Considered a Guaranteed Payment 08:09 Question 5: Putting It All Together 09:52 Pillar Topics