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Keith owns three partnership interests that are passive activities. He sells Partnership 3 and realizes a loss of $8,000. His income is: Form W2 wages

Keith owns three partnership interests that are passive activities. He sells Partnership 3 and realizes a loss of $8,000. His income is:

Form W2 wages $30,000

Schedule C proprietorship 20,000

Partnership 1 5,000

Partnership 2 2,000

Partnership 2 loss carryforward 3,000

Partnership 3 loss on sale 8,000

What is Keiths total income?

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