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MsCowler Owns Stock in Serzo Inc

Question 85

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Ms.Cowler owns stock in Serzo Inc.,an S corporation,and an interest in OTW Partnership.This year,Ms.Cowler had the following income and loss items. Ms.Cowler owns stock in Serzo Inc.,an S corporation,and an interest in OTW Partnership.This year,Ms.Cowler had the following income and loss items. If Ms.Cowler's interests in Serzo and OTW are passive activities,compute her AGI. A) $68,000 B) $65,600 C) $85,000 D) $66,800 Ms.Cowler owns stock in Serzo Inc.,an S corporation,and an interest in OTW Partnership.This year,Ms.Cowler had the following income and loss items. If Ms.Cowler's interests in Serzo and OTW are passive activities,compute her AGI. A) $68,000 B) $65,600 C) $85,000 D) $66,800 If Ms.Cowler's interests in Serzo and OTW are passive activities,compute her AGI.


A) $68,000
B) $65,600
C) $85,000
D) $66,800

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