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LO . 1 Osprey Corporation, a closely held corporation, has $ 1 0 0 , 0 0 0 of net active income, $ 2 5
LO Osprey Corporation, a closely held corporation, has $ of net active income, $ of portfolio income, and a $ loss from a passive activity. How much of the passive activity loss can Osprey deduct in the current year if it is a PSC If it is not a PSC
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