Molly Grey (single) acquired a 30 percent limited partnership interest in Beau Geste LLP several years ago for $66,500. At the beginning of year 1, Molly has tax basis and an at-risk amount of $25,000. In year 1, Beau Geste incurs a loss of $207,000 and does not make any distributions to the partners.

In year 1, Molly's AGI (excluding any income or loss from Beau Geste) is $64,800. This includes $18,500 of passive income from other passive activities.

In year 2, Beau Geste earns income of $32,000. In addition, Molly contributes an additional $33,800 to Beau Geste during year 2. Molly's AGI in year 2 is $69,900 (excluding any income or loss from Beau Geste). This amount includes $15,900 in income from her other passive investments.

a. Based on the above information, complete the following table:

At-Risk Amount:
Initial year 1 amount:
Allowed loss:
End of year 1 at-risk amount
Contribution for year 2
BG Income
Allowed loss:
End of year 2 at-risk amount

Year	Total Loss	At-Risk Allowed	At-Risk Disallowed
1
2

Year	At-Risk Allowed	passive activity loss allowed	passive activity loss Disallowed
1
2

b. Based on the above information, complete the following table

Cumulative total passive suspended losses

Based on the above information, complete the following table:

Year 2 AGI:
AGI before Beau Geste:
Year 2 passive income from Beau Geste
Year 2 allowed passive losses
Year 2 AGI