a ssignment/takeAssignment Main.doFinvokers&takeAssignmentSessionLocator &inprogressefalse business proper X + Calculator Problem 4-11 (Algorithwic) Passive Loss Limitations (L 4.8) Walter a single taxpayer purchased a mited partnership interest in a tax shelter in 1933. He also acquired a rental house in 2013, which he actively manages. During 2013 War's share of the partnership's losses was $13.000. and his rental house generated S40.500 in losses. Walter's modified adjusted gross income before passive ses $129.500 If an amount is zero, enter"0". a. Calculate the amount of Walter's allowable loss for rental house activities for 2019 b. Calculate the amount of Walter's allowable loss for the partnership activities for 2019 c. What may be done with the unused losses if anything? The sad los may be carried PM a ssignment/takeAssignment Main.doFinvokers&takeAssignmentSessionLocator &inprogressefalse business proper X + Calculator Problem 4-11 (Algorithwic) Passive Loss Limitations (L 4.8) Walter a single taxpayer purchased a mited partnership interest in a tax shelter in 1933. He also acquired a rental house in 2013, which he actively manages. During 2013 War's share of the partnership's losses was $13.000. and his rental house generated S40.500 in losses. Walter's modified adjusted gross income before passive ses $129.500 If an amount is zero, enter"0". a. Calculate the amount of Walter's allowable loss for rental house activities for 2019 b. Calculate the amount of Walter's allowable loss for the partnership activities for 2019 c. What may be done with the unused losses if anything? The sad los may be carried PM