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Are the losses suspended under the passive loss rules lost forever? Explain. disposed of are disallowed. The losses are not subject to any limitations. is
Are the losses suspended under the passive loss rules lost forever? Explain. disposed of are disallowed. The losses are not subject to any limitations. is disposed of may be deducted in the year of disposal. These losses are subject to the $270,000($540,000 for joint returns) limitation on excess business losses. disposed of may be deducted in the year of disposal. These losses are subject to the $270,000 ( $540,000 for joint returns) limitation on excess business losses
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