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Mustafa's tax basis in his partnership interest at the beginning of the year was $29,000. If his share of the partnership liabilities increased by $12,500
Mustafa's tax basis in his partnership interest at the beginning of the year was $29,000. If his share of the partnership liabilities increased by $12,500 during the year and his share of partnership income for the year is $5,800, what is his tax basis in his partnership interest at the end of the year
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