Question: In 2 0 2 4 , Rusty, a single filer, sustained a loss of $ 1 5 , 0 0 0 on his nature tours

In 2024, Rusty, a single filer, sustained a loss of $15,000 on his nature tours activity for which he has no profit motive. His adjusted gross income for the year is $150,000, which is primarily salary from his CFO position. How much of the loss can Rusty likely deduct on his taxes?
$0.
$3,000.
$12,000.
$15,000.

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