-------------------USE 2018 TAX BRACKETS----------------------------- SHOW WORK

QUESTION 2 (15 points) Ben Figgie acquired a passive partnership activity in January of 2013. His at-risk basis at the beginning of 2017 was S65,000. Ben Figgie also owns a rental property that generated income of S15,000 in 2017and $12,000 in 2018. Ben Figgie's share of income and loss from the partnership activity is 1S: 2017 2018 $95,000> 55,000 Complete the following tables AT RISK RULES ONLY FOR 2017 Deductible under at-risk provisions Adjusted basis at 12/31/17 Suspended under at-risk provisions FOR 2018 Deductible under at-risk provisions Adjusted basis at 12/31/18 Suspended under at-risk provisions PASSIVE RULES ONLY FOR 2017 Deductible under passive loss provisions Suspend FOR 2018 Deductible under passive loss provisions Suspend ed under passive loss provisions ed under passive loss provisions