A is an equal ABC ( a cash method partnership ) A has an outside basis in ABC of 1 0 0 A receives a proportionate liquidating distribution in each of the following independent scenarios What are the tax implications of each A $ 7 5 in cash B $ 1 2 0 in cash C $ 7 5 in cash, A R with AB 0 and FMV $ 1 2 0 D $ 1 2 0 in cash, A R with AB 0 and FMV $ 1 2 0 E $ 7 5 in cash, A R with AB 0 and FMV $ 1 2 0 , Land with AB $ 1 0 and FMV $ 2 0 0 F $ 1 2 0 in cash, A R with AB 0 and FMV $ 1 2 0 , Land with AB $ 1 0 and FMV $ 2 0 0 G $ 7 5 in cash, Land with AB 1 0 and FMV $ 1 2 0 H $ 1 2 0 in cash, Land with AB 1 0 and FMV $ 1 2 0 I $ 7 5 in cash, Land with AB $ 3 0 and FMV $ 1 2 0 J $ 7 5 in cash, Land with AB $ 3 0 and FMV 1 2 0 , Land with AB $ 5 0 and FMV $ 2 0 0 K $ 1 2 0 in cash, Land with AB $ 3 0 and FMV 1 2 0 , Land with AB $ 5 0 and FMV $ 2 0 0

Question

A is an equal ABC ( a cash method partnership )   A has an outside basis in ABC of 1 0 0   A receives a proportionate liquidating distribution in each of the following independent scenarios  What are the tax implications of each  A   $ 7 5 in cash B   $ 1 2 0 in cash C   $ 7 5 in cash, A   R with AB  0 and FMV $ 1 2 0 D   $ 1 2 0 in cash, A   R with AB  0 and FMV $ 1 2 0 E   $ 7 5 in cash, A   R with AB  0 and FMV $ 1 2 0 , Land with AB $ 1 0 and FMV $ 2 0 0 F   $ 1 2 0 in cash, A   R with AB  0 and FMV $ 1 2 0 , Land with AB $ 1 0 and FMV $ 2 0 0 G   $ 7 5 in cash, Land with AB  1 0 and FMV $ 1 2 0 H   $ 1 2 0 in cash, Land with AB  1 0 and FMV $ 1 2 0 I  $ 7 5 in cash, Land with AB $ 3 0 and FMV $ 1 2 0 J   $ 7 5 in cash, Land with AB $ 3 0 and FMV  1 2 0 , Land with AB $ 5 0 and FMV $ 2 0 0 K   $ 1 2 0 in cash, Land with AB $ 3 0 and FMV  1 2 0 , Land with AB $ 5 0 and FMV $ 2 0 0

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A is an equal ABC ( a cash method partnership ) . A has an outside basis in ABC of 1 0 0 . A

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