Exercise $7-28($Algorithmic$)(10\mathrm{.}6)$

Tim, a slingle tavpayer, opernies a burlhess as a single$-$member LiC. In $2024,$ has LLC neports butiness incame of $$378,000$ and business deductions of $$661,500,$ revulting in a loss of $$283,500.$

What are the implications of this buriness lows?

a$.$ Tim has an excess bosiness loss of $1$ X$.$

Tim may use $1$ is treatred as part ell limis wo corndormand $v.$

Pentrat

TOLD $114$ That