On May 21, 2020, a company triggers the one-day rule. Which of the following statements is correct regarding the company's deposit method? The company becomes a semiweekly depositor until December 31, 2020. The company becomes a semiweekly depositor until May 21, 2021. The company becomes a semiweekly depositor until December 31, 2021. The company becomes a semiweekly depositor until May 21, 2022. The company becomes a semiweekly depositor until December 31, 2022.

Which of the following increases a partner's basis in a partnership interest? A partner's allocable share of Section 1231 gain A partner's allocable share of nondeductible items The distribution of noncash property from the partnership The partner's allocable share of long-term capital loss None of the above increases a partner's basis in the partnership interest