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.

Question

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.

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The Answer of 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.

Ms Cowler Owns Stock in Serzo Inc