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 $10,000 passive loss carryforward from Beta limited partnership, which is publicly traded. She also has a $15,000 passive loss carryforward from Alpha limited partnership, which is nonpublicly traded. In the current year, she has $6,000 of income from Beta. She also has $11,000 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) $17,000 B) $11,000 C) $25,000 D) $6,000 P

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