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please show workings and explanation. 10. Cassandra is a 10% limited partner in C&C, Ltd. Her basis in the partnership is $80,000 and she has

please show workings and explanation. image text in transcribed
10. Cassandra is a 10% limited partner in C&C, Ltd. Her basis in the partnership is $80,000 and she has an at risk investment of $45,000. She also has a passive income from another investment of $30,000. Cassandra allocated share of C & C loss for the year is $120,000. How much of the loss from C&C may Cassandra deduct

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