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Business, 21.06.2019 15:30 edith47

Josie, an unmarried taxpayer, has $155,000 in salary, $10,000 in income from a passive investment in a limited partnership, and a $26,000 passive loss from a real estate rental activity in which she actively participates. if her modified adjusted gross income is $155,000, how much of the $26,000 loss is deductible

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Josie, an unmarried taxpayer, has $155,000 in salary, $10,000 in income from a passive investment in...
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