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Jean Kelly owned three limited partnership interests: Partnership Date acquired Allocated gain/(loss) this year Suspended loss before this lyear MNO 05/03/98 ($3000) ($14300) OSD 10/14/98
Jean Kelly owned three limited partnership interests: Partnership Date acquired Allocated gain/(loss) this year Suspended loss before this lyear MNO 05/03/98 ($3000) ($14300) OSD 10/14/98 $10700 ($3100) CMP 11/15/99 ($7700) ($2000) How much is the suspended loss for MNO this year? O a. $14300 O b. $19400 O c. $17300 O d. $8700 Jean Kelly owned three limited partnership interests: Partnership Date acquired Allocated gain/(loss) this year Suspended loss before this year ($1900) ($15400) MNO 05/03/98 OSD 10/14/98 $11400 ($3200) CMP 11/15/99 ($9500) ($2700) How much is the suspended loss for OSD? O a. $3200 O b. $21300 O c. $0 O d. $9900 Jean Kelly owned three limited partnership interests: Partnership Date acquired Allocated gain/(loss) this year Suspended loss before this year MNO 05/03/98 ($1600) ($14800) OSD 10/14/98 $11400 ($4000) CMP 11/15/99 ($9800) ($2100) How much is the suspended loss for CMP? a. $2100 b. $20900 c. $11900 O d. $9500
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