#3 Question 10 Josie, an unmarried taxpayer, has $155,000 in salary, $10,000 in income from...
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Accounting
#3 Question 10
Josie, an unmarried taxpayer, has $155,000 in salary, $10,000 in income from a limited partnership, and a $26,000 passive loss from a real estate rental activity in which she actively participates. If her modified adjusted gross income is $155,000, how much of the $26,000 loss is deductible?
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