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This year Joy's aggregate income from her businesses was $180,000. Joy's aggregate business deductions from those businesses was $320,000. Joy's spouse Harry earns $80,000 of

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This year Joy's aggregate income from her businesses was $180,000. Joy's aggregate business deductions from those businesses was $320,000. Joy's spouse Harry earns $80,000 of W-2 income. The couple also has $20,000 of investment income. What amount of business loss may be used to offset the income from Harry's earnings and the investment income? 1. $0. 2. $20,000 3. $80,000 4. $100,000. $80,000 $20,000 50. $100,000

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