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Janet is single with modified adjusted gross income of $73,000. She has losses of $10,000 from rental activities in which she actively participates. She also
Janet is single with modified adjusted gross income of $73,000. She has losses of $10,000 from rental activities in which she actively participates. She also has a $4,000 loss from a limited partnership in which she does not materially participate. She has no passive income for the year. How much passive loss may she report on her return this year? $10,000 $11,000 $13,000 $14,000
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