2.09.1 Partnership Operations and Partner's Taxable Income (6)

Question 問題、
Jane and Bill are equal partners in J & B Partnership. The partnership incurred a $10,000 loss last year. Jane and Bill's adjusted basis in the partnership at the beginning of last year was $2,000 each. Under the partnership agreement, Jane and Bill share all partnership profits and losses equally. The partnership borrowed $20,000 last year to purchase depreciable equipment to be used in the partnership's business. Jane was required under the partnership agreement to pay the creditor if the partnership defaulted. Based upon these facts, what is Jane and Bill's allowable loss on last year's tax return?

A. Jane $2,000; Bill $2,000

B. Jane $5,000; Bill $2,000

C. Jane $5,000; Bill $5,000

D. Jane $10,000; Bill $0

The correct answer is 正解は、[B. Jane $5,000; Bill $2,000.]
借入$20,000に対し、パートナーシップ合意によりJaneのみが責任を負うので、Janeのbasisを$20,000増加させると、損失$10,000に対し、パス・スルー前の両者の持分はJane $22,000、Bill $2,000となる。
各パートナーが控除できる損失はパス・スルー直前の持分までなので、Billに割り当てられた損失のうち$3,000は翌年以降へ繰り越される。