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Required information [The following information applies to the questions displayed below.) Jenna began the year with a tax basis of $41,000 in her partnership interest

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Required information [The following information applies to the questions displayed below.) Jenna began the year with a tax basis of $41,000 in her partnership interest Her share of partnership debt consists of $9.000 of recourse debt and $15,000 of nonrecourse debt at the beginning of the year and $9,000 of recourse debt and $19,000 of nonrecourse debt at the end of the year. During the year, she was allocated $52,000 of partnership ordinary business loss. Jenna does not materially participate in this partnership, and she has $2,000 of passive income from other sources .. How much of Jenna's loss is limited by her tax basis? Loos limited by her tax basis Required information [The following information applies to the questions displayed below) Jenna began the year with a tax basis of $41,000 in her partnership interest. Her share of partnership debt consists of $9,000 of recourse debt and $15,000 of nonrecourse debt at the beginning of the year and $9,000 of recourse debt and $19,000 of nonrecourse debt at the end of the year. During the year, she was allocated $52,000 of partnership ordinary business loss. Jenna does not materially participate in this partnership, and she has $2,000 of passive income from other sources, b. How much of Jenna's loss is limited by her at-risk amount? Lounlimited by her at-risk amount c. How much of Jenna's loss is limited by the passive activity loss rules? Loss limited by the passive activity loss rules

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