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How much of the loss is disallowed by the at-risk rules

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Reference no: EM133002751

Howard has a $76,000 loss from an investment in a partnership in which he does not participate. His basis in the interest is $70,000.

Problem a. How much of the loss is disallowed by the at-risk rules?

Problem b. How much of the loss is disallowed by the passive loss rules?

Reference no: EM133002751

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