QUESTION 21 Property distributed to a Partner in a Nonliquidating Distribtuion with an Adjusted Basis to the Partnership greater than the Partner's basis in her Partnership Interest result in a taxable Recognized Gain to the Partner. True O False QUESTION 22 A partner's distributive share of partnership Losses is deductible on the partner's personal Federal Income Tax Return to the extent of the Partner's Basis in the partnership at the end of the Partnership tax year in which the Losses are incurred after considering any Gains or distributions made to the partner for the year. True False