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REG — Partnership & Flow-Through Taxation
Partner basis calculations, at-risk rules, passive activity limitations, and special allocations.
What you need to know
1Outside basis: partner's investment in the partnership — starts at contribution FMV
2Inside basis: partnership's tax basis in its assets — can differ from outside basis
3At-risk rules limit deductible losses to amounts the partner is economically at risk for
4Passive activity rules: losses from passive activities only offset passive activity income
First-attempt pass rates range 45–55% by section
About the CPA
- Full name
- Certified Public Accountant
- Passing score
- 75 scaled score (not a percentage)
- Questions in bank
- 2,600+
REG — Partnership & Flow-Through Taxation — AI Practice Questions
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