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In 2021, Cindy files as single. She operates a sole proprietorship in which she materially participates. Her proprietorship generates gross income of $225,000 and
In 2021, Cindy files as single. She operates a sole proprietorship in which she materially participates. Her proprietorship generates gross income of $225,000 and deductions of $525,000, resulting in a loss of $300,000. What is Cindy's business loss for the year? $41,000 O$250,000 $30,000 Some other amount $300,000
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