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Required Information Adam and Alyssa are equal partners in the PartiPilo Partnership. The partners formed the partnership three years ago by contributing cash. Prior to
Required Information Adam and Alyssa are equal partners in the PartiPilo Partnership. The partners formed the partnership three years ago by contributing cash. Prior to any distributions, the partners have the following bases in their partnership interests: Partner Outside Basis Adam Alyssa s 17,786 s 17.782 On December 31 of the current year the partnership makes a pro rata operating distribution of arther Distribution AdamCash$22,758 s 7,15e AlyssaCash property$15, 6 (EMV) ($13,088 basis to partnership) (Leave no answer blank. Enter zero If applicable.) d. What is Alyssa's basis in the distributed assets? cee Basis in cash Basis in property
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