Jennifer has a 25 percent interest in the Aspen Aircraft partnership. Her basis in her partnership interest is $10,000 at the beginning of 2014. The partnership reported the following activity for 2014:
What is Jennifer's basis in her partnership interest at the end of 2014?

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The Answer of Jennifer has a 25 percent interest in the Aspen Aircraft partnership. Her basis in her partnership interest is $10,000 at the beginning of 2014. The partnership reported the following activity for 2014:
What is Jennifer's basis in her partnership interest at the end of 2014?

Jennifer Has a 25 Percent Interest in the Aspen Aircraft