Multiple Choice
Stuart owns a 20% interest in a partnership not involved in real estate) in which his at-risk amount was $18,000 at the beginning of the year.The partnership produces a $50,000 loss for the year.What is Stuart's at-risk amount at the end of the year?
A) $32,000) .
B) $0.
C) $10,000.
D) $8,000.
Correct Answer:
Verified
Correct Answer:
Verified
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