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thanks 59. Bryan and Alisha are married and filing a joint return. Their modified adjusted gross income is $89,000. Bryan has losses of $14,000 from
thanks 59.
Bryan and Alisha are married and filing a joint return. Their modified adjusted gross income is $89,000. Bryan has losses of $14,000 from rental activities in which he actively participates. Alisha has a $2,000 loss from a limited partnership in which she does not materially participate. What is the amount of their allowable passive loss? $2,000$12,000$14,000$16,000Step by Step Solution
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