Jean Kelley owned three limited partnership interests in 2019: How much is her passive loss deduction (against

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Jean Kelley owned three limited partnership interests in 2019:

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How much is her passive loss deduction (against nonpassive activities) and suspended loss for each activity?

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CCH Federal Taxation Basic Principles 2020

ISBN: 9780808051787

2020 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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Question Posted: Feb 18, 2024 07:20 AM

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Jean Kelley owned three limited partnership interests in 2019: How much is her passive loss deduction (against

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2019 Allocated Pre-2019 Date Gain/ Suspended Partnership Acquired (Loss) Loss MNO 05/03/98 (4,000) OSD 10/14/98 10,000 CMP 11/15/99 (6,000) (14,000) (3,000) (2,000)

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CCH Federal Taxation Basic Principles 2020

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