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Homework 6 Saved Help Problem 06-40 (Static) [LO 6-11) Margaret, a married taxpayer filing a joint return, engaged in two business activities this year. Business

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Homework 6 Saved Help Problem 06-40 (Static) [LO 6-11) Margaret, a married taxpayer filing a joint return, engaged in two business activities this year. Business A earned $420,000 of profit Business Bincurred a loss of $(995,000). Required: How much of Margaret's net business loss is not currently deductible? (Negative amount should be entered with a minus sign.) Margaret's excess business loss not currently deductible $ (57,000)

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