Today, most men wear a thin to moderately thick mustache with the beard, which is not waxed to curl upward. No hair is grown on the cheeks, so it is not a full beard. Ad. The Van Dyke is a variation of the goatee, and some also refer to the classic goatee with this name. Hair worn only on the chin may also be called a chin beard if it is very long.
A partner's basis is increased by the following items. 1  The partner's additional contributions to the partnership, including an increased share of or assumption of partnership liabilities. 2  The partner's distributive share of taxable and nontaxable partnership income.
The adjusted basis of all partnership property is $300,000. The partnership has liabilities totalling $100,000. C is entitled to one-third of the partnership property on liquidation and therefore has a basis in his interest equal to one-third of the partnership's basis in its assets, $100,000.The presence or absence of liabilities is, in essence, irrelevant for this purpose.he adjusted basis of all partnership property is $300,000. The partnership has liabilities totalling $100,000. C is entitled to one-third of the partnership property on liquidation and therefore has a basis in his interest equal to one-third of the partnership's basis in its assets, $100,000.