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Mr . Alexander purchased four limited partnerships over the years. He furnished you with the following information for this year. What is the total amount
Mr Alexander purchased four limited partnerships over the years. He furnished you with the following information for this year. What is the total amount of passive losses that may be used to offset income during the current year?
Publicly traded limited partnership: $loss
Publicly traded limited partnership: $income
Nonpublicly traded limited partnership: $loss
Nonpublicly traded limited partnership: $income
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$
$
$
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