blems investments Help Save & Ent Submit Check my work Molly Grey (single) acquired a...
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blems investments Help Save & Ent Submit Check my work Molly Grey (single) acquired a 30 percent limited partnership interest in Beau Geste LLP several years ago for $61,000 At the beginning of year 1, Molly has tax basis and an at-risk amount of $32,500. In year 1. Beau Geste incurs a loss of $221.000 and does not make any distributions to the partners. . In year 1, Molly's AG (excluding any income or loss from Beau Geste) is $67,000. This includes $17.600 of passive income from other passive activities . In year 2. Beau Geste carns income of $31400. In addition, Molly contributes on additional $31,000 to Beau Geste during year 2. Molly's AGI in year 2 is $72,100 (excluding any income or loss from Beau Geste). This amount includes $13.720 in income from her other passive investments a. Based on the above information, complete the requirements Alto A3 Complete this question by entering your answers in the tabs below. Reg A1 Reg A2 Neg A3 Based on the above information, complete the following table: Al-Risk Passive Passive Allowed Activity Loss Activity Loss Allowed Disallowed Year 1 Year 2 Reg AZ

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