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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 25: Losses and Bad Debts
  5. Question
    Losses from Passive Activities That Cannot Be Deducted Currently Are
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Losses from Passive Activities That Cannot Be Deducted Currently Are

Question 2

Question 2

True/False

Losses from passive activities that cannot be deducted currently are carried over for up to 5 subsequent years.

Correct Answer:

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