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Meg is a limited partner in a partnership that is a passive activity for her. On 1/1/2021, Meg's adjusted basis for her partnership interest is

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Meg is a limited partner in a partnership that is a passive activity for her. On 1/1/2021, Meg's adjusted basis for her partnership interest is $50,000, and her at-risk amount is $45,000. Her share of losses from the partnership for 2021 is $60,000, all of which is passive. Meg has no other trade or business activities that resulted in a loss in 2021. She has one other passive-income producing investment that produced $25,000 of passive income during 2021. Required: How much of Meg's share of partnership loss is deductible and how much and at what level (basis, at-risk amount, and passive activity losses) are Meg's carryovers to next year

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