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This tag is to be used for any question related to gain due to appreciation of capital. Typcially Capital gains are treated differently based on the geography and hence a country tag should ideally be used with this.
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How to report adjustment to basis of sale of a publicly traded partnership?
You really do need to look at your individual investment in this partnership for tax purposes.
First, you may have what we call an outside basis as well as an inside basis in the investment. For exa …