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  3. Study Set
    Fundamentals of Taxation
  4. Exam
    Exam 14: Partnership Taxation
  5. Question
    A Partner's Basis in His or Her Partnership Interest (Outside
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A Partner's Basis in His or Her Partnership Interest (Outside

Question 26

Question 26

True/False

A partner's basis in his or her partnership interest (outside basis)is the sum of the money contributed plus the adjusted basis of property contributed.

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