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irm's pru this income on his tax return? O Passive income, reported on Schedule E Nonpassive income, reported on Schedule E. O Wages, salaries, tips,

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irm's pru this income on his tax return? O Passive income, reported on Schedule E Nonpassive income, reported on Schedule E. O Wages, salaries, tips, etc., reported directly on Form 1040 0 Other income, reported directly on Form 1040. Mark for follow up Question 21 of 75 Which of the following is NOT a potential limitation on partnership losses that can be deducted on the partners personal income tax return? O The partner's share of Section 263(A) preproductive expenses. O The partner's share of the entity's loss that exceeds the adjusted basis of the partner's interest in the entity at year end. o Amounts for which the partner is not at risk when a loss occurs from an activity carried on as a trade or business by the partnership entity. O For an individual partner, a loss related to rental activities. Mark for follow up Back Save / Return Later Summary Next

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