001 U LI . Wien uus the partnership terminate? O October 15, 2019 O October 24, 2019 O December 31, 2019 The partnership does not terminate Mehrach role of 5875 greu pepelul in 2018 Mark for follow up Question 29 of 75. All of the following regarding Schedule M-2 (Form 1065) are correct EXCEPT: O Schedule M-2 tracks the partners' capital accounts. O Schedule M-2 tracks the partners' basis in the partnership. O Schedule M-2 includes capital contributed by the partners during the year. O When completing Schedule M-2, determine if the partnership uses financial accounting or tax accounting. Mark for follow up Question 30 of 75. Miles received a current distribution of property. His outside basis in the partnership was less than the part adjusted basis in the property. His adjusted basis in the distributed property will: O Be the same as the partnership's adjusted basis just before the distribution Include any gain recognized in the distribution. O Be the same as the FMV of the property. Be the same as his outside basis in the partnership just before the distribution