Pablo has a $117,800 basis in his partnership interest. On May 9of the current tax year, the partnership distributes to him, in aproportionate current distribution, cash of $47,120, cash basisrecei Pablo has a \( \$ 117,800 \) basis in his partnership interest. On May 9 of the current tax year, the partnership distributes to him, in a proportionate current distribution, cash of \( \$ 47,120 \), 2 answers