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In Calculating the Owner's Initial Basis for an Ownership Interest

Question 107

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In calculating the owner's initial basis for an ownership interest, which of the following business entity forms have a carryover basis and which have a stepped-up or stepped-down basis associated with its formation?
In calculating the owner's initial basis for an ownership interest, which of the following business entity forms have a carryover basis and which have a stepped-up or stepped-down basis associated with its formation?

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a., b., and c.
For the partnership, a pa...

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