Question: 8) Aryeh's adjusted basis in Widgets LP, a partnership, was $18,000 at the time Aryeh received the following proportionate nonliquidating distributions of partnership property: What

8) Aryeh's adjusted basis in Widgets LP, a partnership, was $18,000

8) Aryeh's adjusted basis in Widgets LP, a partnership, was $18,000 at the time Aryeh received the following proportionate nonliquidating distributions of partnership property: What is Aryeh's tax basis in the land received from the partnership? a) $2,000 b) $5,000 c) $12,000 d) $14,000

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