If the distribution consisted on only money, you do NOT need to file Form 7217.
Form 7217 is filed by any partner receiving a distribution of property from a partnership in a non-liquidating or liquidating distribution to report the basis of the distributed property, including any basis adjustment to such property as required by section 732(a)(2) or (b).
File with your annual tax return a separate Form 7217 for each date during the tax year that you received distributed property subject to section 732. Do not file Form 7217 if the distribution consisted only of money or marketable securities treated as money under section 731(c). Also, do not file Form 7217 for payments to you for services other than in your capacity as a partner under section 707(a)(1) or for transfers that are treated as disguised sales under section 707(a)(2)(B). From Form 7217 - instructions.
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