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The basis of a partner's partnership interest is increased by: Their distributive share of the partnership Section 1 7 9 deductions. The partner's distributive share
The basis of a partner's partnership interest is increased by:
Their distributive share of the partnership Section deductions.
The partner's distributive share of taxable and nontaxable income of the partnership.
The partner's distributive share of partnership rental losses.
Distributions of money and the adjusted basis of other property distributed to the partner.
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The New Controller Guidebook
Authors: Steven M. Bragg
5th Edition
1642210420, 978-1642210422
