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23. Nancy has active modified adjusted gross y manages, H a rental property she other income? a. None b. $2,500 c. $5,000 d. $12,500 ow
23. Nancy has active modified adjusted gross y manages, H a rental property she other income? a. None b. $2,500 c. $5,000 d. $12,500 ow much of the loss is she allowed to deduct against the $125,000 of 24. Carey, a single taxpayer, purchased a rental house in 2018, which he actively ouse I areys adiusdr loss of $14,000 from the rental house. If Carey's adjusted gross income manages. During 2018, Carey had beoe e owable deduction for the rental activity for 20187 b. $3,000 c. $6,000 d. $12,000 e. None of the above 25. Gary has qualified business income of $40,000 in 2018. His taxable income without net capital gains is $28,000. Gary's QBI deduction for 2018 is? a. $0 b, $5,600 c. $8,000 d. $13,600
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