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Business, 22.07.2019 23:10 alexzavaleta775

Several years ago, joy acquired a passive activity. until 2016, the activity was profitable. joy's at-risk amount at the beginning of 2016 was $250,000. the activity produced losses of $100,000 in 2016, $80,000 in 2017, and $90,000 in 2018. during the same period, no passive activity income was recognized. how much is suspended under the at-risk rules and the passive activity loss rules at the beginning of 2019

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Several years ago, joy acquired a passive activity. until 2016, the activity was profitable. joy's a...
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