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Which of the following is true concerning a partner's basis in assets (other than money) distributed in an operating distribution? A partner's bases in the

Which of the following is true concerning a partner's basis in assets (other than money) distributed in an operating distribution?

A partner's bases in the distributed assets will be greater than the partnership's bases in the assets.

A partner's bases in the distributed assets will be equal to the partnership's bases in the assets.

A partner's bases in the distributed assets will be less than or equal to the partnership's bases in the assets.

None of the statements are true.

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