Question: Julian will use the single filing status when he files his 2 0 2 3 return. His modified adjusted gross income is $ 9 0
Julian will use the single filing status when he files his return. His modified adjusted gross income is $ This includes a $ gain from a limited partnership and $ of income from wages. While Julian invested in the partnership, he is not involved in the daytoday activities of the business.
Julian also incurred a loss of $ from a rental real estate activity. Although he actively participates in the activity, he is not a real estate professional.
What is the net amount of passive activity losses from these activities that Julian may claim on his return?
$
$
$
$
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