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Choose the response tht correctly completes the following sentence about an individual partner's outside basis in a partnership. A partner's outside basis : Can be

Choose the response tht correctly completes the following sentence about an individual partner's outside basis in a partnership. A partner's outside basis :

Can be less than zero

Does not change as long as the partner maintians thier partnership interest

Is used to apply the basis limitation to losses from a partnership

Must be tracked by the partnership

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