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What is alice adjusted gross income for the current year

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Question - Alice is an attorney and earned $175,000 from her practice in the current year. Alice also owns three passive activities. The activities had the following income and losses:

Partnership a: $40,000

Partnership b: $(32,000)

Partnership c $(24,000)

What is Alice's adjusted gross income for the current year?

a) $119,000

b) $159,000

c) $175,000

d) $215,000

Reference no: EM131830187

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