Question: Styling Shoes, LLC , filed its 2 0 8 Form 1 0 6 5 on March 1 5 , 2 0 X 9 . Styling
Styling Shoes, LLC filed its Form on March X Styling had three members with the following ownership interests and tax bases at the beginning of : Jane, a member with a percent profits and capital interest and a $ outside basis, Joe, a member with a percent profits and capital interest and a $ outside basis, and Jack, a member with a percent profits and capital interest and a $ outside basis. The following items were reported on Styling's Schedule K for the year: ordinary income of $ Section gain of $ charitable contributions of $ and taxexempt income of $ In addition, Styling received an additional nonrecourse loan of $ during X What is Jane's tax basis after adjustment for her share of these items?
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