Question 33 of 75. Horatio and Calleigh are partners in a private investigations firm. Each partner's...
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Question 33 of 75. Horatio and Calleigh are partners in a private investigations firm. Each partner's outside basis in the partnership will generally equal their: Tax capital account plus their share of recourse liabilities. Tax capital account plus their share of liabilities. Book capital account plus their share of recourse liabilities. Book capital account plus their share of liabilities. Mark for follow up Question 33 of 75. Horatio and Calleigh are partners in a private investigations firm. Each partner's outside basis in the partnership will generally equal their: Tax capital account plus their share of recourse liabilities. Tax capital account plus their share of liabilities. Book capital account plus their share of recourse liabilities. Book capital account plus their share of liabilities. Mark for follow up
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