Question: In 2 0 2 4 , Alaina is married and files a joint return. She operates a sole proprietorship in which she materially participates. Her

2024,

Alaina is married and files a joint return. She operates a sole proprietorship in which she materially participates. Her proprietorship generates gross income of $

225, 000

and deductions of $

525, 000,

resulting in a loss of $

300, 000 .

What is Alaina's excess business loss for the year?

.

- 0 - .

.

30, 000 .

.

250, 000 .

.

300, 000 .

In 2 0 2 4 , Alaina is married and files a joint

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