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Loren Owns Three Passive Activities That Had the Following Results

Question 79

Multiple Choice

Loren owns three passive activities that had the following results for the current year:
?
 Passive Activity A $25,000 Passive Activity B (10,000)  Passive Activity C (40,000) \begin{array} { l l } \text { Passive Activity A } & \$ 25,000 \\\text { Passive Activity B } & ( 10,000 ) \\\text { Passive Activity C } & ( 40,000 ) \end{array}
If none of the passive activities are rental real estate activities, what is the amount of suspended loss attributable to Activity C?


A) $- 0 -
B) $18,750
C) $20,000
D) $25,000
E) $40,000

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