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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. a. How much of Jenna's loss Is limited by her tax basis? Loss limited by her lax basis

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