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Courtney is a single taxpayer with modified adjusted gross income of $14000 and an active participation rental real estate loss of $45000. Assuming she has

Courtney is a single taxpayer with modified adjusted gross income of $14000 and an active participation rental real estate loss of $45000. Assuming she has no other source of passive income, what is her adjusted special loss allowance for the current year?

0

$5000

$25000

$35000

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