In determining the amount of loss that a taxpayer can deduct from an activity, both the at-risk and passive loss limitations must be applied.

Name: In determining the amount of loss that a taxpayer can deduct from an activity, both the at-risk and passive loss limitations must be applied.
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Both the at-risk and passive loss limitations must be applied in determining the amount of loss that a taxpayer can deduct from an activity.

In Determining the Amount of Loss That a Taxpayer Can