Question: UM UT Wiese uredits are refundable. 35. In the current tax year for regular tax purposes, Avery re activities. For AMT purposes the passive activity
UM UT Wiese uredits are refundable. 35. In the current tax year for regular tax purposes, Avery re activities. For AMT purposes the passive activity income amount is unchangeus from passive activities total $150,000. tax purposes, Avery reports $65,000 of income and $190,000 of deductions 10 passive activity income amount is unchanged, but deductions What is Avery's suspended passive loss for regular tax and for AMT purposes? a. $0; $0. b. $(40,000); $(40,000). c. $(125,000); $(85,000). d. $(190,000); $(150,000). . inaud 568 000 of intangible drilling costs (IPS) in the
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