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6 . The basis to a partner of a capital asset received in a liquidating distribution is a . The partner s pre - distribution
The basis to a partner of a capital asset received in a liquidating distribution is
a The partners predistribution basis in the partnership interest, increased by any cash received by the partner in the same distribution.
b The partners predistribution basis in the partnership interest, reduced by any cash received by the partner in the same distribution.
c The partners predistribution basis in the partnership interest, with no adjustment for any cash received by the partner in the same distribution.
d The fair market value of the asset.
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