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  2. Topic
    Business
  3. Study Set
    Fundamentals of Taxation
  4. Exam
    Exam 8: Rental Property, Royalties, and Income From Flow- Through Entities Line 17, form 1040, and Schedule E
  5. Question
    In General,losses from Passive Activities May Be Deducted Only to the Extent
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In General,losses from Passive Activities May Be Deducted Only to the Extent

Question 57

Question 57

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In general,losses from passive activities may be deducted only to the extent that there is passive income.

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