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    Taxation of Individuals and Business Entities
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    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 5

Question 5

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 amount.

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