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For this tax year, an investor has passive losses of $10,000 from an investment in a limited partnership and passive income of $8,000. What amount
For this tax year, an investor has passive losses of $10,000 from an investment in a limited partnership and passive income of $8,000. What amount of the passive loss can the investor deduct this year for income tax purposes? OA) $1,000 of the passive loss OB) $5,000 of the passive loss OC) $2,500 of the passive loss OD) $8,000 of the passive loss
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