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  3. Study Set
    Taxation of Individuals
  4. Exam
    Exam 20: Forming and Operating Partnerships
  5. Question
    The Main Difference Between a Partner's Tax Basis and At-Risk
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The Main Difference Between a Partner's Tax Basis and At-Risk

Question 23

Question 23

True/False

The main difference between a partner's tax basis and at-risk amount is that qualified nonrecourse financing is not included in the at-risk basis amount.

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