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In 2019, Brad invested $20,000 in a general partnership which is not considered a passive activity. If his share of the partnership losses is
In 2019, Brad invested $20,000 in a general partnership which is not considered a passive activity. If his share of the partnership losses is $15,000 in 2019 and $10,000 in 2020, how much can he deduct in each year?
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Financial Accounting Theory
Authors: William R. Scott
7th edition
132984660, 978-0132984669
