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OTHER INFORMATION nSarah's at - risk basis in Bergamont Consulting, of which she is the sole proprietor, at the beginning of the year is 5

OTHER INFORMATION nSarah's at-risk basis in Bergamont Consulting, of which she is the sole proprietor, at the beginning of the year is 5,000. There are no suspended losses. She was a material participant in the business and it was considered a for-profit activity. nDuring the year the Connors sell 100% of their interest in the partnership YRM, Ltd, a passive activity. At the time of the sale they had35,000 of suspended passive activity losses associated with the investment and an adjusted basis of 17,000. nJohn made a15,000 contribution to his 401k plan, and Sarah made the maximum allowable contribution to her Roth IRA nThe taxpayers itemize their deductions. nRequired: What is the Conner's AGI for 2023?1. Sarah's at-risk basis in Bergamont Consulting, of which she is the sole proprietor, at the beginning of the year is $ 5,000. There are no suspended losses. She was a material participant in the business and it was considered a for-profit activity. 2. During the year the Connors sell 100

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