If a loss is disallowed under passive loss rules, the loss is: Multiple Choice Lost forever. Carried over indefinitely a

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answerhappygod
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If a loss is disallowed under passive loss rules, the loss is: Multiple Choice Lost forever. Carried over indefinitely a

Post by answerhappygod »

If a loss is disallowed under passive loss rules, the lossis:
Multiple Choice
Lost forever.
Carried over indefinitely and deductible when passive income isgenerated.
Carried over indefinitely and deductible when the activity isdisposed of.Incorrect
Both carried over indefinitely and deductible when passiveincome is generated and carried over indefinitely and deductiblewhen the activity is disposed of.
The answer is not c
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