What can be deducted on her final income tax return

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Question - Chrystal died owning an interest in a passive activity property. The property had an adjusted basis of $270,000, a fair market value of $284,000, and suspended losses of $25,000. What can be deducted on her final income tax return?

Reference no: EM132204939

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What can be deducted on her final income tax return : The property had an adjusted basis of $270,000, a fair market value of $284,000, suspended losses of $25,000. What can deducted on her final income tax return
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