Amelia received $10,000 casg and inventory with a basis and fair market value of $6000 in complete

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Amelia received $10,000 casg and inventory with a basis and fair market value of $6000 in complete liquidation of her partnership interest. Her basis in her partnership was $20,000 prior to the distribution. What is amelias basis in the distributed inventory

Posted Date: May 18, 2024 04:09 PM

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Amelia received $10,000 casg and inventory with a basis and fair market value of $6000 in complete

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