Question: Question 2 (2 points) The at-risk rules prevent taxpayers from including nonrecourse debt in their tax basis. a) True b) False Question 3 (2

Question 2 (2 points) The at-risk rules prevent taxpayers from including nonrecourse debt in their tax basis. a) True b) False Question 3 (2 points) The passive-activity loss rules prevent taxpayers from deducting losses from passive activities against their active and portfolio income. a) True b) False
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