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Stephanie is single and has the following results from her trades and businesses for 2023: Bakery sole proprietorship ($375,000) Partnership distributive share ($75,000) S corporation
Stephanie is single and has the following results from her trades and businesses for 2023: Bakery sole proprietorship ($375,000) Partnership distributive share ($75,000) S corporation distributive share $60,000 How much can she deduct for these business losses? A) $(289,000) B) $(101,000) C) $0 D) $(390,000)
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