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Q1. Keith owns three partnership interests that are passive activities. He sells Partnership 3 and realizes a loss of $8,000. His income is: Form W-2

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Q1. Keith owns three partnership interests that are passive activities. He sells Partnership 3 and realizes a loss of $8,000. His income is: Form W-2 wages $30,000 ScheduleCproprietorship20,000 Partnership15,000 Partnership2(2,000) Partnership 2 loss carryforward (3,000) Partnership3lossonsale(8,000) What is Keith's total income

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