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| Teaching Since: | May 2017 |
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| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
36. (L0.1,3) Dorothy acquired passive Activity A in January 2005 and Activity B in September 2006.Through 2008, Activity A was profitable, but it produced losses of $200,000 in 2009 and $100,000 in 2010. Dorothy has passive income from Activity B of $20,000 in 2009 and $40,000 in 2010. After offsetting passive income, how much of the net losses may she deduct?
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