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11-60 (LO. 9) At death, Francine owns an interest in a passive activity property (adjusted basis of $160,000, suspended losses of $16,000, and fair market
11-60 (LO. 9) At death, Francine owns an interest in a passive activity property (adjusted basis of $160,000, suspended losses of $16,000, and fair market value of $170,000). What is deductible on Francine's final income tax return? On Francine's final income tax return, a deduction for suspended losses of $ is allowed
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