Matt has three passive activities and has at-risk amounts in excess of $100,000 for each. During the year, the activities produced the following income (losses). $$\begin{array} { l c }
\text { Activity A } & ( \$ 60,000 ) \
\text { Activity B } & ( 40,000 ) \
\text { Activity C } & \underline { 75,000 } \
\text { Net passive activity loss } & \underline { ( \$ 25,000 ) }
\end{array}$$ Matt's suspended losses are as follows:

Question

Matt has three passive activities and has at-risk amounts in excess of $100,000 for each. During the year, the activities produced the following income (losses). $$\begin{array} { l c } 
\text { Activity A } & ( \$ 60,000 ) \
\text { Activity B } & ( 40,000 ) \
\text { Activity C } & \underline { 75,000 } \
\text { Net passive activity loss } & \underline { ( \$ 25,000 ) }
\end{array}$$ Matt's suspended losses are as follows:

Quizplus · Accepted Answer

The Answer of Matt has three passive activities and has at-risk amounts in excess of $100,000 for each. During the year, the activities produced the following income (losses). $$\begin{array} { l c } 
\text { Activity A } & ( \$ 60,000 ) \
\text { Activity B } & ( 40,000 ) \
\text { Activity C } & \underline { 75,000 } \
\text { Net passive activity loss } & \underline { ( \$ 25,000 ) }
\end{array}$$ Matt's suspended losses are as follows:

Matt Has Three Passive Activities and Has At-Risk Amounts in Excess