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Julla acquired passive Actlvity A in January 2 0 1 8 and passive Actvity B in July 2 0 2 0 . Untll 2 0
Julla acquired passive Actlvity A in January and passive Actvity B in July Untll Activity A was profitable. Activity A produced a loss of $ in and a loss of $ in She had passive income from Activity B of $ in and $ in
Required:
How much of the net passive losses may she deduct in and respectlvely? lgnore atrisk rules.
tableYearAllowed losses,Suspended losses
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