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Jimpays $150,000 for a 10%limited partner interest in XYZ partnership (his only activity).At the end of the year, he receives a K-1, which allocates an

Jimpays $150,000 for a 10%limited partner interest in XYZ partnership (his only activity).At the end of the year, he receives a K-1, which allocates an $80,000 loss to him.How much of his loss will be suspended under the passive activity rule?

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$15,000

$80,000

$0

$8,000

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