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Required information Problem 15-55 (LO 15-3) The following information applies to the questions displayed below! Dann is a single 30 percent owner of Kolt a

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Required information Problem 15-55 (LO 15-3) The following information applies to the questions displayed below! Dann is a single 30 percent owner of Kolt a business entity)In the current year, Kolt reported a $1,000,000 business loss Answer the following questions associated with each of the following alternative scenarios (Leave no answer blank. Enter zero if applicable.) Problem 15-55 Part c c. Kolt is organized as an LLC taxed as a partnership. Thirty percent of Kolt's loss is allocated to Danni. Danni is not involved in Kolt business activities. Consequently, she is considered to be a passive investor in Kolt. Danni has a $400,000 basis in her Kolt ownership interest and she also has a $400,000 at-risk amount in her investment in Kolt. Dann does not report income or loss from any other business activity investments. How much of the $300,000 loss allocated to her from Kolt is Danni allowed to deduct this year? Alatie deduction of lass

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