Question
A full time school teacher recognized a $30000 loss in 2020 from his part time farming activities. What is the maximum deduction allowed in 2020
A full time school teacher recognized a $30000 loss in 2020 from his part time farming activities.
What is the maximum deduction allowed in 2020 for the farm loss?
Round to the nearest dollar. Do NOT write commas, dollar signs, or decimals in your response.
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CFIN
Authors: Scott Besley, Eugene Brigham
5th edition
1305661656, 9781305888036 , 978-1305666870
