Question: Please help! I need help with each blank. Please use the drop-down answers in your answer/explination. Thanks!! Exercise 11-32 (Algorithmic) (LO. 9) Rose dies with

Please help! I need help with each blank. Please use the drop-downanswers in your answer/explination. Thanks!! Exercise 11-32 (Algorithmic) (LO. 9) Rose dieswith passive activity property having an adjusted basis of $156,400, suspended lossesPlease help! I need help with each blank. Please use the drop-down answers in your answer/explination. Thanks!!

Exercise 11-32 (Algorithmic) (LO. 9) Rose dies with passive activity property having an adjusted basis of $156,400, suspended losses of $50,048, and a fair market value at the date of her death of $218,960. Of the $50,048 suspended loss existing at the time of Rose's death, how much is deductible on her final return or by the beneficiary? to $ 216,960 ; therefore, none of the $50,048 suspended loss is deductible on The basis for the property is stepped-up Rose's final return or by the beneficiary. Exercise 11-32 (Algorithmic) (LO. 9) Rose dies with passive activity property having an adjusted basis of $156,400, suspended losses of $50,048, and a fair market value at the date of her death of $218,960. Of the $50,048 suspended loss existing at the time of Rose's death, how much is deductible on her final return or by the beneficiary? to $ 216,960 ; therefore, none of the $50,048 suspended loss is deductible on The basis for the property is stepped-up Rose's final return or by the stepped-up stepped-down Exercise 11-32 (Algorithmic) (LO. 9) Rose dies with passive activity property having an adjusted basis of $156,400, suspended losses of $50,048, and a fair market value at the date of her death of $218,960. Of the $50,048 suspended loss existing at the time of Rose's death, how much is deductible on her final return or by the beneficiary? The basis for the property is stepped-up to $ 216,960 ; therefore, none of the $50,048 suspended loss is deductible on Rose's final return or by the beneficiary. all none part of

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