17) Stuart owns a 20% interest in a partnership (not involved in real estate) in which his at-risk amount was $18,000 at the beginning of the year. The partnership produces a $50,000 loss for the year. What is Stuart's at-risk amount at the end of the year? A) $10,000. 17) D) (S32,000). C) SO. B) S8,000 If one spouse sells a home and excludes the gain on the sale, the gain on the sale of a residence by the other spouse is: A) Never excluded. B) Excluded up to $250,000. C) Excluded up to $500,000. D) Excluded up to $250,000 plus any gain exclusion not used by the first spouse. 18) 19) 19) On December 28, 2018, Shelia sold 300 shares of Power Inc. (a publicly traded company) at a loss of $5,900. On January 5, 2019, Shelia repurchased 300 shares of Power Inc. A) Only $3,000 of the loss is allowed. B) The $5,900 loss is only allowed if Shelia has capital gains to offset the loss. C) The $5,900 loss is disallowed. D) The $5,900 loss is only allowed if Shelia's AGI is less than $100,000