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EDOON Problem 11-51 (b) (L0.2,3,5,7) Hildagard, an architect, earns $415,000 from her practice. She also receives $32,000 in dividends and interest from various portfolio Investments.

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EDOON Problem 11-51 (b) (L0.2,3,5,7) Hildagard, an architect, earns $415,000 from her practice. She also receives $32,000 in dividends and interest from various portfolio Investments. During the year, she pays $100,000 to acquire a 30% interest in a partnership that produces a $560,000 loss for the year. She has $20,000 of passive income from other sources. Compute Hildagard's AGI assuming that: a. She does not partidpate in the operations of the partnership, In this case, Hildagard's Agris S b. She is a material participant in the operations of the partnership In this case, Hildagard's Alis Check My Work Next a * 9:06 PM TQ/12/2020 T

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