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Question 34 of 75. Miles received a current distribution of property. His outside basis in the partnership was less than the partnership's adjusted basis in

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Question 34 of 75. Miles received a current distribution of property. His outside basis in the partnership was less than the partnership's adjusted basis in the property. His adjusted basis in the distributed property will: O Be the same as the partnership's adjusted basis just before the distribution O Include any gain recognized in the distribution, O Be the same as the FMV of the property U Be the same as his outside basis in the partnership just before the distribution Mark for follow up

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