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Business, 29.11.2019 01:31 trint5952

Assuming gerald has $50,000 income in 2020, (and considering both at-risk and passive activity loss rules), what is the amount of gerald's suspended losses at the end of 2020?
suspended under the at-risk rules: $
suspended under the passive activity loss rules: $
what is his taxable income for 2020? $
at the end of 2020, what is the amount of gerald's adjusted basis in the activity?

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