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Exercise 11-32 (Algorithmie) (LO. 9) Rose dies with passive activity property having an adjusted basis of $114,800, suspended losses of $36,736, and a fair market

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Exercise 11-32 (Algorithmie) (LO. 9) Rose dies with passive activity property having an adjusted basis of $114,800, suspended losses of $36,736, and a fair market value at the date of her death of $160,720. Of the $36,736 suspended loss existing at the time of Rose's death, how much is deductible on her final return or by the beneficiary? The basis for the property to ; therefore, of the $36,736 suspended loss is deductible on Rose's final rey Teficiary stepped-up stepped-down ed basis of $114,800, suspended losses of $36,736, and a fair market value nded loss existing at the time of Rose's death, how much is deductible on her ; therefore, of the $36,736 suspended le all none part of

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