Question: Dan receives a proportionate current fnoniliquidating ) distritution when the basis of his parthership interest is 5 2 0 , 5 0 0 . Tine

Dan receives a proportionate current fnoniliquidating) distritution when the basis of his parthership interest is 520,500. Tine $26,500. Dan's basis in the noncash property is:
$26.500.
$20,000.
$24,000.
$10,000.
Dan receives a proportionate current

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