Question: which of the following will decrease a partners basis in a partnership? a. the partners distributive share of the partnership taxable and nontaxable income b.

which of the following will decrease a partners basis in a partnership? a. the partners distributive share of the partnership taxable and nontaxable income b. partnerships liabilities that have been assumed by the partner c. the partners share of any decrease in the partnership liabilities d. the partners share of any increase in the partnership liabilities

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