Business, 17.04.2021 18:30 krazyapril4601
Clifford Johnson has a limited partnership investment and a rental condominium. Clifford actively manages the rental condominium. During 2018, his share of the loss from the limited partnership was $11,000, and his loss from the rental condo was $17,000. Assume Clifford's modified adjusted gross income is $122,000 for 2018, he has no prior year unallowed losses from either activity, and he and his wife will file a joint return. Complete Form 8582.
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Clifford Johnson has a limited partnership investment and a rental condominium. Clifford actively ma...
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