In 2021, Randy contributed $20,000 to Partnership JZR. His share of ordinary business income was $4,000....
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In 2021, Randy contributed $20,000 to Partnership JZR. His share of ordinary business income was $4,000. His QBI deduction was $800. What is his basis at the end of the year? a. $4,000 b. $20,000 c. $23,200 d. $24,000 In 2021, Randy contributed $20,000 to Partnership JZR. His share of ordinary business income was $4,000. His QBI deduction was $800. What is his basis at the end of the year? a. $4,000 b. $20,000 c. $23,200 d. $24,000
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