Molly Grey $($single$)$ acquired a $30$ percent limited partnership interest in Beau Geste LLP several years ago for $\backslash$$$64,500.$ At the beginning of year $1,$ Molly has tax basis and an at$-$risk amount of $\backslash$$$28,000.$ In year $1,$ Beau Geste incurs a loss of $\backslash$$$200,000$ and does not make any distributions to the partners.

$-$ In year $1,$ Molly's AGI $($excluding any income or loss from Beau Geste$)$ is $\backslash$$$79,600.$ This includes $\backslash (\backslash$$ $11,500\backslash )$ of passive income from other passive activities.

$-$ In year $2,$ Beau Geste earns income of $\backslash$$$30,800.$ In addition, Molly contributes an additional $\backslash$$$28,260$ to Beau Geste during year $2.$ Molly's AGI in year $2$ is $\backslash (\backslash$$ $84,700\backslash )($excluding any income or loss from Beau Geste$).$ This amount includes $\backslash (\backslash$$ $8,080\backslash )$ in income from her other passive investments.

Required:

a$.$ Based on the above information, complete the requirements A $1$ to A $3.$

b$.$ Based on the above information, complete the requirements B $1$ to B $2.$

Required A $1$ Required B$2$

Based on the above information, complete the following table:

Note: Leave no answers blank. Enter zero if applicable.

At$-$Risk Amount: Initial year $1$ amount: Allowed loss: End of year $1$ at$-$risk amount Contribution for year $2$ BG Income Allowed loss: End of year $2$ at$-$risk amount

Based on the above information, complete the following table:

Note: Leave no answers blank. Enter zero if applicable.

Based on the above information, complete the following Problems

Molly Grey $($single$)$ acquired a $30$ percent limited partnership interest in Beau Geste LLP several years ago for $$64,500.$ At the

beginning of year $1,$ Molly has tax basis and an at$-$risk amount of $$28,000.$ In year $1,$ Beau Geste incurs a loss of $$200,000$ and does

not make any distributions to the partners.

In year $1,$ Molly's AGI $($excluding any income or loss from Beau Geste$)$ is $$79,600.$ This includes $$11,500$ of passive income from

other passive activities.

In year $2,$ Beau Geste earns income of $$30,800.$ In addition, Molly contributes an additional $$28,260$ to Beau Geste during year

Molly's AGI in year $2$ is $$84,700($excluding any income or loss from Beau Geste$).$ This amount includes $$8,080$ in income from

her other passive investments.

Required:

a$.$ Based on the above information, complete the requirements A$1$ to A$3.$

b$.$ Based on the above information, complete the requirements B $1$ to B $2.$

Complete this question by entering your answers in the tabs below.

Required A$1$

Required A$3$

Required B$1$

Required B$2$

Based on the above information, complete the following table:

Note: Leave no answers blank. Enter zero if applicable.

Required A $1$ Required A $3$ Required B $1$

Based on the above information, complete the following table:

Year $2$ AGI: AGI before Beau Geste: Year $2$ passive income from Beau Geste Year $2$ allowed passive losses Year $2$ AGI