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Jonathan is a single taxpayer with modified adjusted gross income of $110,000 in 2022 and an active participation rental real estate loss of $30,000. Assuming
Jonathan is a single taxpayer with modified adjusted gross income of $110,000 in 2022 and an active participation rental real estate loss of $30,000. Assuming he has no other sources of passive income, what is his adjusted special allowance?
(A) $10,000
(B) $20,000
(C) $25,000
(D) $30,000
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