Calista is allocated a 20,000 loss from her partnership. Calista's basis in the partnership before considering the

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Calista is allocated a 20,000 loss from her partnership. Calista's basis in the partnership before considering the loss is 22,000 (outside basis). Her at-risk amount is 12,000. Calculate the amount of her at-risk carryover for the year.

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Jan 18, 2024 03:14 AM

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Calista is allocated a 20,000 loss from her partnership. Calista's basis in the partnership before considering the

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Income Tax Fundamentals 2013

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