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The basis of a partner's partnership interest is decreased by: The partner's distributive share of partnership losses. The partner's assumption of a share of partnership

The basis of a partner's partnership interest is decreased by:

The partner's distributive share of partnership losses.

The partner's assumption of a share of partnership liabilities.

The partner's undistributed share of taxable and nontaxable income of the partnership.

Contributions of money and the adjusted basis of other property contributed to the partnership.

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