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! Required information [ The following information applies to the questions displayed below. ] Alfonso began the year with a tax basis in his partnership

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[The following information applies to the questions displayed below.]
Alfonso began the year with a tax basis in his partnership interest of $19,000. His share of partnership liabilities at the
beginning and end of the year consists of $6,000 of recourse liabilities and $10,000 of nonrecourse liabilities. During the
year, he was allocated $36,000 of partnership ordinary business loss. Alfonso does not materially participate in this
partnership, and he has $3,000 of passive income from other sources.
c. How much of Alfonso's loss is limited by the passive activity loss rules?
Loss limited by passive activity loss rules
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