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Suspended losses are losses that Question 6 options: 1) can never be used to offset income. 2) exceed the yearly allowable passive income writeoff. 3)

Suspended losses are losses that

Question 6 options:

1) can never be used to offset income.
2) exceed the yearly allowable passive income writeoff.
3) can be used to offset taxable gain at the end of the holding period as long as they do not exceed $25,000.
4) 2 and 3

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