Business, 21.04.2020 16:30 christinaruckepegvlp

At the beginning of the tax year, Barnaby's basis in the BBB Partnership was $151,800, including his $15,180 share of partnership debt. At the end of the tax year, his share of debt was $22,770. His share of the partnership's income for the year was $60,720, and he received cash distributions totaling $37,950. In addition, his share of the partnership's nontaxable income was $3,036. How much is Barnaby's basis at the end of the tax year

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At the beginning of the tax year, Barnaby's basis in the BBB Partnership was $151,800, including his...