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report the 1. Sarah's at-risk basis in Bergamont consulting, of which she is the sole proprietor, at the beginning of the year is $20,000. There are no suspended losses. She has always run the business for personal pleasure. 2. During the year the Connors sell 100% of their interest in YRM, Ltd, a passive activity. At the time of the sale they had $30,000 of suspended passive activity losses associated with the investment and an adjusted basis of $15,000. 3. They made the maximum allowable contribution to their traditional IRA in 2022. Neither of them are active participants in their employer's retirement plan 4. The taxpayers itemize their deductions. report the 1. Sarah's at-risk basis in Bergamont consulting, of which she is the sole proprietor, at the beginning of the year is $20,000. There are no suspended losses. She has always run the business for personal pleasure. 2. During the year the Connors sell 100% of their interest in YRM, Ltd, a passive activity. At the time of the sale they had $30,000 of suspended passive activity losses associated with the investment and an adjusted basis of $15,000. 3. They made the maximum allowable contribution to their traditional IRA in 2022. Neither of them are active participants in their employer's retirement plan 4. The taxpayers itemize their deductions

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