Fundamentals of Taxation 2011 4th Edition by Ana Cruz, Debra Prendergast, Dan Schisler, Michael Deschamps

Exercise 19

Donald has two investments in activities that are considered non-rental passive activities. He acquired Activity A six years ago, and it was profitable until the current year. He acquired Activity B in the current year. His share of the loss from Activity A in the current year is $15,000, and his share of the loss from Activity B is $4,000. What is the total of Donald's suspended losses from these activities as of the end of the current year?