Note 4 - Income Taxes: Reconciliation between the Partnership's reported net income and the net income (loss) per tax return (Tables)

12 Months Ended

Dec. 31, 2019

Tables/Schedules

Reconciliation between the Partnership's reported net income and the net income (loss) per tax return

	Years Ended December 31
	2019	2018
	(in thousands)
Net income per financial statements	$    (83)	$  (114)
Add (deduct):
Partnership’s share of Local Limited Partnership	31	36
Federal taxable income	$    (52)	$    (78)
Federal taxable income per limited partnership interest	$ (4.00)	$ (6.00)