Question: Anton is single and a self-employed plumber. His net income from his business is $56,000. He has dividend income of $6,000 and an $8,000 loss

Anton is single and a self-employed plumber. His net income from his business is $56,000. He has income of $6,000 and an $8,000 loss from a rental property in which he actively participates.
Identify the tax issue(s) posed by the facts presented. Determine the possible tax consequences of each issue that you identify.

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