shampoo buying: a bad hair day

51) Parveen is married and files a joint return. He reports the following items of income and loss for the year Salary Activity A (passive) Activity B (nonbusiness rental real estate) $130,000 22,000 (47,000) If Parveen actively participates in the management of Activity B, what is his AGI for the year and what is the passive loss carryover to next year? 52) During the year, Patricia realized $18,000 of taxable income from activity A, $8,000 loss from activity B, and $10,000 of taxable income from activity C. All three activities are passive activities with regard to Patricia. In addition, $38,000 of passive losses from activity C are carried over from prior years. During the current year, Patricia sells activity C for an $16,000 taxable gain. Patricia's salary for the year is $100,000. What is the amount of Patricia's deduction against salary income