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Hunter has a $40,000 loss from an investment in a partnership in which he does not participate. His basis in the interest is $34,000. Required:

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Hunter has a $40,000 loss from an investment in a partnership in which he does not participate. His basis in the interest is $34,000. Required: a. How much of the loss is disallowed by the at-risk rules? b. How much of the loss is disallowed by the passive loss rules? Amount a b

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