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Ms . Leslie Little is a full time architect. To help finance her various hobbies, she grows carrots for sale in a little plot next
Ms Leslie Little is a full time architect. To help finance her various hobbies, she grows carrots for sale in a little plot next to her house. Although she has no farming background, in most years she has made a small profit selling at a monthly farmers' market in the summer. She has reasonable expectation of profit. However, she incurred a loss in of $ due to a lawsuit claiming her carrots were bad. A portion of this could be deducted in After deducting this portion in calculate the remaining farm loss carry over available to her for future years and beyond, to be applied against farm income What is the amount of this loss carry over available to her in future years?
Round to the nearest dollar. Do NOT write commas, dollar signs, or decimals in your response.
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