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

Question 89

Question 89

True/False

The sum of the partners' ending basis amounts equals the partners' ending capital account balances. These amounts are shown on the partnership's Schedule K.

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