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hon 32 of 75. San sold her in SM00 share of interest? her interest in a partnership for $15,000 cash when her outside basis was

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hon 32 of 75. San sold her in SM00 share of interest? her interest in a partnership for $15,000 cash when her outside basis was $5,000. She was relieved of her share of partnership liabilities. What is Zarah's recognized gain or loss from the sale of her partnership $10,000 O $15,000 O $40,000 O $45,000 Miles received a current distribution of property. His outside basis in the partnership was less than the partnership's adjusted basis in the property. His adjusted basis in the distributed property will: U Be the same as the partnership's adjusted basis just before the distribution O Include any gain recognized in the distribution. O Be the same as the FMV of the property O Be the same as his outside basis in the partnership just before the distribution Mark for follow up

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