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Question: hazel lynn and chloe formed hlampc a general partnership as...

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Hazel lynn and Chloe formed hl&c a general partnership as equal partners. Hazel contributed $50000 cash. Lynn contributed $20000 cash and property with 20000 basis and fmv of $30000. Chloe contributed property with basis of $38000 and fmv of 50000. The partnership made $85000 ordinary income. What is Hazel’s Tax cait account

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