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A taxpayer is active in three different passive activities none of which are real estate...

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Accounting

A taxpayer is active in three different passive activities none of which are real estate rental activities. The income (loss) from these activities follows: Activity Income or Loss A)$10,000 B)(20,000) C)(30,000) The passive loss carryover attributable to activity B is: 1)$0 2)$10,000 3)$20,000 4)$24,000 5)none of the above

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