Tax 635 -Business Tax Planning Problems Handout \#6a-Partnership Distributions Prof. M. Aq 1. The XYZ partnership made the pro rata current distributions listed below during 20X9 and provided you with each partner's outside basis immediately before the distributions as follows: Determine with regard to the distributions: (1) XYZ's recognized gain of loss: (2) each partner's recognized gain or loss: (3) each partner's basis in the property recerved: (4) each partner's remaining outside basis, and (5) the effect it has on the basis of the property not distributed by XYZ