A number of years ago, Kay acquired an interest in a partnership in which she is not a material participant. Kay's basis in her partnership interest at the beginning of 2019 is $40,000. Kay's share of the partnership loss is $35,000 in 2019, while her share of the partnership income is $15,000 in 2020. How much may Kay deduct in 2019 and 2020, assuming that she owns no other passive activities
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Ответ:
When I was thirteen years old, we left our hometown for the last time. I was forced to start high school in a strange place. It was hard, but I learned that being thrown into a new environment can be great.
Explanation:
It eez what it eez