Question: Patty has a $ 1 0 , 0 0 0 passive loss carryforward from Beta limited partnership, which is publicly traded. She also has a
Patty has a $ passive loss carryforward from Beta limited partnership, which is publicly traded. She also has a $ passive loss carryforward from Alpha limited partnership, which is nonpublicly traded. In the current year, she has $ of income from Beta. She also has $ of income from Gamma LP Gamma is not publicly traded. What is the total amount of passive losses that Patty may deduct during the current year? A $ B $ C $ D $ P
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