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A partner's tax basis is: a. increased as partnership income and gain is allocated to the partner b. increased as partnership income and gain is
A partner's tax basis is:
a. increased as partnership income and gain is allocated to the partner
b. increased as partnership income and gain is distributed to the partner
c. unaffected as partnership income and gain is allocated to the partner
d. unaffected as partnership income and gain is distributed to the partner
e. c and d
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