P is allocated his distributive share of a partnership??sordinary income. The effect of this is:a.To decrease P??s outside basisc.To increase P??s outside basisb.To increase P??s

P is allocated his distributive share of a partnershipâ??sordinary income. The effect of this is:a.To decrease Pâ??s outside basisc.To increase Pâ??s outside basisb.To increase Pâ??s insid 2 answers