3 6 m 9 2 5 8 1 Question 2 (1 point) Listen Steve and Mary decided to leave their salaried positions to start a general partnership. Which of the following statements are FALSE? 1.They may be able to reduce their personal income taxes during the start-up years. 2.They can deduct partnership losses from their other sources of income. 3.They may be able to realize a tax deferral on their business income. 4.They will have limited personal liability for the debts of the business. 1 and 3 2 only 1 and 2 3 and 4