In the current year, Ming invests $30,000 in an oil partnership. He has taxable income for the
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In the current year, Ming invests $30,000 in an oil partnership. He has taxable income for the current year of $2,000 from the oil partnership and withdraws $10,000. What is Ming’s at-risk amount at the end of the year?
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DIPAK BHOYE
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Related Book For 
South-Western Federal Taxation 2022 Individual Income Taxes
ISBN: 9780357519073
45th Edition
Authors: James C. Young, Annette Nellen, William A. Raabe, Mark Persellin, William H. Hoffman
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