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    Federal Taxation
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    Exam 21: Partnerships
  5. Question
    The Sum of the Partners' Ending Basis Amounts on All
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The Sum of the Partners' Ending Basis Amounts on All

Question 19

Question 19

True/False

The sum of the partners' ending basis amounts on all Schedules K-1 equals the partners' ending capital account balance shown on the partnership's Schedule L.

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