Subchapter K 701-771

Question 1

Partners, not partnership, subject to tax

Answer 1

701

Question 2

Income and Credits of Partner

Answer 2

702

Question 3

Partnership Computations

Answer 3

703

Question 4

Parner’s Distributive Shares

Answer 4

704

Question 5

Determination of Basis of Partner’s Interest

Answer 5

705

Question 6

Taxable Years of Partner and Partnership

Answer 6

706

Question 7

Transactions Between Partner and Partnership

Answer 7

707

Question 8

Continuation of Partnership

Answer 8

708

Question 9

Treatment of Organization and Syndication Fees

Answer 9

709

Question 10

Part I - Determination of Tax Liability

Answer 10

701-709

Question 11

Part II - Contributions, Distributions, and Transfers

Answer 11

721 - 755

Question 12

Part III - Definitions

Answer 12

761

Question 13

Nonrecognition of G/L on Contribution

Answer 13

721

Question 14

Basis of Contributing Partner’s Interest

Answer 14

722

Question 15

Basis of Property Contributed to Partnership

Answer 15

723

Question 16

Character of G/L on Contributed Unrealized Receivables, Inventory Items, and Capital Loss Property

Answer 16

724

Question 17

Extent of Recognition of G/L on Distribution

Answer 17

731

Question 18

Basis of Distributed Property Other Than Money

Answer 18

732

Question 19

Basis of Distributee Partner’s Interest

Answer 19

733

Question 20

Adjustment to Basis of Undistributed Partnership Property Where Section 754 Election or Substantial Basis Reduction

Answer 20

734

Question 21

Character of G/L on Disposition of Distributed Property

Answer 21

735

Question 22

Payments to a Retiring Partner or a Deceased Partner’s Successor in Interest

Answer 22

736

Question 23

Recognition of Precontribution Gain in Case of Certain Distributions to Contributing Partner

Answer 23

737

Question 24

Recognition and Character of G/L on Sale or Exchange of Partnership Interest

Answer 24

741

Question 25

Basis of Transferee Partner's Interest (Pship Transfer)

Answer 25

742

Question 26

Special Rules Where Section 754 Election or Substantial Built-In Loss

Answer 26

743

Question 27

Unrealized Receivables and Inventory Items

Answer 27

751

Question 28

Treatment of Certain Liabilities

Answer 28

752

Question 29

Partner Receiving Income in Respect of Decedent

Answer 29

753

Question 30

Manner of Electing Optional Adjustment to Basis of Partnership Property

Answer 30

754

Question 31

Rules for Allocation of Basis

Answer 31

755