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Bock Problem 11-37 (LO. 1,3) Dorothy acquired a 100% interest in two passive activities Activity Ain lawary 2014 and Activity Bin 2015. Through 2017, Activity

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Bock Problem 11-37 (LO. 1,3) Dorothy acquired a 100% interest in two passive activities Activity Ain lawary 2014 and Activity Bin 2015. Through 2017, Activity Awas profitable, but it produced losses of $200,000 in 2013 and $100,000 in 2019. Dorothy has passive activity income from Activity of $20,000 in 2018 and $40.000 in 2019. Alter offsetting passive activity income, low much of the net losses may she deduct? If an amount is zer, enter"0". In 2018, Dorothy may deduct t o losses suspended. In 2015, Dorothy muy deduct carried forward to 2020 of 240,000 the net passive activity lowes and has 180,000 of passive activity 40000 X of the net passive activity lowes and has total suspended osses Fe The passive activity loss rules operate by requiring taxpayers to classify their income and losses into various categories. Then the rules But the

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