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Donald has two investments in activities that are considered nonrental passive activities. He acquired Activity A six years ago, and it was profitable until
Donald has two investments in activities that are considered nonrental passive activities. He acquired Activity A six years ago, and it was profitable until the current year. He acquired Activity B in the current year. His share of the loss from Activity A in the current year is $13,750, and his share of the loss from Activity B is $6,400. Required: What is the total of Donald's suspended losses from these activities as of the end of the current year? Suspended losses
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