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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 9: Partnership Formation and Operation
  5. Question
    A Partner's Basis for His or Her Partnership Interest Is
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A Partner's Basis for His or Her Partnership Interest Is

Question 41

Question 41

True/False

A partner's basis for his or her partnership interest is increased by his share of the partnership's tax-exempt income.

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