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Josh has investments in two passive activities Activity A (acquired three years ago) produces income...

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Accounting

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Josh has investments in two passive activities Activity A (acquired three years ago) produces income of $30,000 this year, while Activity B (acquired two years ago) produces a loss of $50,000. What is the amount of Josh's suspended loss for the year? a$20,000 , $18,000 d.$50,000 Ce None of these choices are correct

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