If a partner has a $50,000 negative capital account at year end, and the partner's share of debt is:

• Recourse Debt: $5,000
• Qualified Nonrecourse Debt: $250,000
• Nonrecourse Debt: $12,000
• Negative capital account: ($50,000)

What is the partner's outside tax basis?

What is the partner's at-risk basis?

Thanks,

Michael