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Problem 4 Howard has a $ 7 6 , 0 0 0 loss from an investment in a partnership in which he does not participate.
Problem Howard has a $ loss from an investment in a partnership in which he does not participate. His basis in the interest is $ a How much of the loss is disallowed by the atrisk rules? b How much of the loss is disallowed by the passive loss rules?
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Howard has a $ loss from an investment in a partnership in which he does not participate. His basis in the interest is $
a How much of the loss is disallowed by the atrisk rules?
b How much of the loss is disallowed by the passive loss rules?
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