Examlex
Age structure diagrams with a broad base suggest that
Separately Stated
Items on a tax return or financial statement that are listed individually to identify their specific impact on taxation or financial analysis.
Partnership Interest
An ownership share in a partnership that represents a partial right to its assets, income, and gains.
Outside Basis
Refers to a partner's or investor's tax basis in an individual partnership interest or investment, including the initial investment amount plus any additional contributions and adjusted by allocations of income or loss and distributions.
Inside Basis
The cost basis of an asset inside a partnership or other entity, reflecting its original cost plus adjustments.
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