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Molly Grey's best friend, Mary White has a 30 percent limited partnership interest in Beau Geste LLP that she acquired several years ago for $60,500.

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Molly Grey's best friend, Mary White has a 30 percent limited partnership interest in Beau Geste LLP that she acquired several years ago for $60,500. At the beginning of year 1. Mary has tax basis and an at-risk amount of $19.000. In year 1. Beau Geste incurs a loss of $180,500 and does not make any distributions to the partners. 17 In year 1, Mary's AGI (excluding any income or loss from Beau Geste) is $67,500. This includes $18,200 of passive income from other passive activities In year 2, Beau Geste eams income of $37,800. In addition, Mary contributes an additional $27,000 to Beau Geste during year 2. Mary's AGI in year 2 is $71,100 (excluding any income or loss from Beau Geste). This amount includes $15.220 in income from her other passive investments a. Based on the above information, determine the following amounts: Note: enter allowed loss each year as negative numbers, all other numbers should be entered as positive numbers. Complete this question by entering your answers in the tabs below. Reg A1 Reg A2 Reg A3 Based on the above information, complete the following table: (Leave no answers blank. Enter zero if applicable.) les 4-6) Sav Req A1 Req A2 Req A3 Based on the above information, complete the following table: (LE 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 "Note: enter year 2 allowed passive losses as a negative numbe Complete this question by entering your answers in the ta Req B2 Req B1 Req82 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

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