Solution-If his share of the partnership losses is 35000 in

If his share of the partnership losses is 35000 in 2007

Reference no: EM13573477

In 2007, Fred invested $50,000 in a general partnership.Fred's interest is not considered to be a passive activity. If his share of the partnership losses is $35,000 in 2007 and$25,000 in 2008, how much can he deduct in each year?

Reference no: EM13573477

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If his share of the partnership losses is 35000 in 2007

Reference no: EM13573477

Reference no: EM13573477

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