Question
3 Sandra acquired a passive activity three years ago. Until last year, the activity was profitable and her at-risk amount was $250,000. Last year, the
3 Sandra acquired a passive activity three years ago. Until last year, the activity was profitable and her at-risk amount was $250,000. Last year, the activity produced a loss of $80,000, and in the current year, the loss is $25,000. Assuming Sandra has received no passive activity income in the current or prior years, her suspended passive activity loss from the activity is OA $250,000 OB. $145,000 OC. None of the prior year and $25,000 for the current year OD. $80,000 for the prior year and $25,000 for the current year OE. $170,000 from prior year and 50 from the current year 3 points
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