Question: In 2018, Fred purchased two separate activities. Information regarding these activities for 2018 and 2019 is as follows: (Click the icon to view the data)

 In 2018, Fred purchased two separate activities. Information regarding these activities
for 2018 and 2019 is as follows: (Click the icon to view

In 2018, Fred purchased two separate activities. Information regarding these activities for 2018 and 2019 is as follows: (Click the icon to view the data) The 2018 losses were suspended losses for that year. During 2019, Fred also reports salary income of $85,000 and interest and dividend income of $23,000, Requirement Compute the amount (if any) of losses attributable to Activities A and B that are deductible in 2019 and any suspended losses carried to 2020, Deductible losses attributable to activities A and B in 2019 Suspended losses carried over to 2020 in 2018. Fred purchased two separate activities. Information regarding these activities for 2018 and 2019 is as follows: (Click the icon to view the data) The 2018 losses were su - X come of $23.000 Data table Requirement Compute the amount (if 20 2018 Status 2019 Status Activity Income (Loss) Activity Income (Loss) A $ $ 11,000 Deductible losses attribus Suspended losses carried Passive Passive (30,000) (10.000) Active Passive B 22.000 Done

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