In 2019, cindy is married and files a joint return. she operates a sole proprietorship in which she materially participates. her proprietorship generates gross income of $225,000 and deductions of $525,000, resulting in a loss of $300,000. what is cindy's excess business loss for the year? a.$30,000. b.$280,000. c.$-0-. d.$250,000. e. none of these choices are correct.

c.$-0-

Explanation:

Excess Business loss = Aggregate business deductions - Aggregate business gross income - Threshold amount

                                    = 525,000  - 225,000 -  500,000

                                    = $0

Therefore, Cindy's excess business loss for the year is $0.

answer; the inspector may have found some violation that could cause death or some kind of serious injury;

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.