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Homework answers / question archive / The basis of a partner's partnership interest is increased by: Charitable contributions made by the partnership

The basis of a partner's partnership interest is increased by: Charitable contributions made by the partnership

Finance

The basis of a partner's partnership interest is increased by: Charitable contributions made by the partnership. The partner's distributive share of partnership losses. The partner's distributive share of taxable and nontaxable income O Distributions to a partner of either cash or partnership property va

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The basis of a partner's partnership interest is increased by-

The partner's additional contributions to the partnership, including an increased share of partnership liabilities.

The partner's distributive share of taxable and nontaxable partnership income.

Hence, Option C is the answer