Question: Required information Problem 9 - 7 3 ( LO 9 - 6 ) ( Algo ) [ The following information applies to the questions displayed

Required information
Problem 9-73(LO 9-6)(Algo)
[The following information applies to the questions displayed below.]
Alfonso began the year with a tax basis in his partnership interest of $19,000. His share of partnership liabilities at the beginning and end of the year consists of $6,000 of recourse liabilities and $10,000 of nonrecourse liabilities. During the year, he was allocated $36,000 of partnership ordinary business loss. Alfonso does not materially participate in this partnership, and he has $3,000 of passive income from other sources.
Problem 9-73 Part b (Algo)
b. How much of Alfonso's loss is limited by his at-risk amount?
Loss imited by his at-risk amount
Required information Problem 9 - 7 3 ( LO 9 - 6 )

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