Judy acquired passive Activity A In January 2013 and Activity B in July 2014. Until 2018, Activity A was profitable. Act

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Judy acquired passive Activity A In January 2013 and Activity B in July 2014. Until 2018, Activity A was profitable. Act

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Judy Acquired Passive Activity A In January 2013 And Activity B In July 2014 Until 2018 Activity A Was Profitable Act 1
Judy Acquired Passive Activity A In January 2013 And Activity B In July 2014 Until 2018 Activity A Was Profitable Act 1 (64.82 KiB) Viewed 81 times
Judy acquired passive Activity A In January 2013 and Activity B in July 2014. Until 2018, Activity A was profitable. Activity A produced a loss of $48,250 in 2018 and a loss of $87,000 in 2019. She has $40,500 passive Income from Activity B in 2018 and $25,000 in 2019. After offsetting passive Income, how much of the net losses may she deduct? Deductible passive losses $ 0 5:57
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