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Author Question: Jana reports the following income and loss: Activities A, B, and C are all passive activities. Based ... (Read 49 times)

beccaep

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Jana reports the following income and loss:



Activities A, B, and C are all passive activities.
Based on this information, Jana will recognize
◦ adjusted gross income of $80,000.
◦ salary of $120,000 and deductible net losses of $40,000.
◦ salary of $120,000, passive income of $60,000, and passive loss carryovers of $100,000.
◦ salary of $120,000 and net passive losses of $40,000 that will be carried over.


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Marked as best answer by beccaep on Sep 13, 2020

briezy

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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beccaep

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Reply 2 on: Sep 13, 2020
YES! Correct, THANKS for helping me on my review


softEldritch

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Reply 3 on: Yesterday
Excellent

 

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