Note 4 - Income Taxes: Reconciliation between the Partnership's reported amounts and the Federal tax basis of net assets (Tables)

12 Months Ended

Dec. 31, 2020

Tables/Schedules

Reconciliation between the Partnership's reported amounts and the Federal tax basis of net assets

	2020	2019
	(in thousands)
Net assets as reported	$     80	$   139
Differences in basis of assets and liabilities:
Investment in Local Limited Partnership	(1,231)	(1,271))
Syndication costs	3,565	3,565
Net assets - tax basis	$ 2,414	$ 2,433