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THE AB PARTNERSHIP IS OWNED EQUALLY BY TERRY AND SUE. AB IS A CALENDAR YEAR PARTNERSHIP. SUE BORROWS 200,000 FROM AB AND USES THE PROCEED

THE AB PARTNERSHIP IS OWNED EQUALLY BY TERRY AND SUE. AB IS A CALENDAR YEAR PARTNERSHIP. SUE BORROWS 200,000 FROM AB AND USES THE PROCEED IN A PASSIVE ACTIVITY. SUE PAYS 20,000 IN INTEREST TO THE PARTNERSHIP. TERRY AND SUE HAVE 10,000 INTEREST INCOME. WHAT IS SUE INTEREST INCOME FOR PASSIVE ACTIVITY GROSS INCOME

5000

10000

20000

30000

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