Which of the Following Is Not a Specific Adjustment to the Partners

Multiple Choice

Which of the following is not a specific adjustment to the partners' basis in the partnership interest?

A) Increased by contributions the partner made to the partnership.
B) Decreased by the amount of guaranteed payments shown on the partner's Schedule K-1.
C) Increased by the partner's share of tax-exempt income.
D) Decreased by any decrease in the partner's share of partnership liabilities.
E) Increased by the partner's share of separately stated income items.