Question: During the current year, Devon, a married individual who files a joint return, reports the following items of income and loss: View the income and
During the current year, Devon, a married individual who files a joint return, reports the following items of income and loss:
View the income and loss items.
Read the requirements.
Requirement a What is Devon's AGI for the year?
Devon's AGI for the year is
Requirement What is the amount of suspended losses if any that may be carried over with respect to each activity? Do not round intermediary calculations.
Suspended loss
Activity
Activity
Income and Loss Items
Salary
Activity passive
$
Activity Y rental real estate, nontrade or business
Activity rental real estate, nontrade or business
Devon actively participates in activities and and owns of both and
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