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Ben Figgie acquired a passive partnership activity in January of 2013. His at-risk basis at the beginning of 2017 was $65,000. Ben Figgie also owns

Ben Figgie acquired a passive partnership activity in January of 2013. His at-risk basis at the beginning of 2017

was $65,000. Ben Figgie also owns a rental property that generated income of $15,000 in 2017and $12,000 in

2018. Ben Figgies share of income and loss from the partnership activity is:

2017 <$95,000>

2018. 55,000

Complete the following tables.

AT RISK RULES ONLY

FOR 2017

Deductible under at-risk provisions. ____________________

Adjusted basis at 12/31/17. ____________________

Suspended under at-risk provisions. ____________________

FOR 2018

Deductible under at-risk provisions. ____________________

Adjusted basis at 12/31/18. ____________________

Suspended under at-risk provisions. ____________________

PASSIVE RULES ONLY

FOR 2017

Deductible under passive loss provisions. ____________________

Suspended under passive loss provisions. ____________________

FOR 2018

Deductible under passive loss provisions. ____________________

Suspended under passive loss provisions. ____________________

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