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Lucy sells her partnership interest, a passive activity, with an adjusted basis of $ 3 7 3 , 0 0 0 for $ 4 1

Lucy sells her partnership interest, a passive activity, with an adjusted basis of $373,000 for $410,300. In addition, she has current and suspended losses of $55,950 associated with the partnership and has no other passive activities.
a. Calculate Lucy's total gain and her current deductible loss.
Her total gain is $fill in the blank 1
and her deductible loss is $fill in the blank 2
.
b. What type of income can the deductible loss offset?
Lucy's deductible loss is offset against
any income
.

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