Tim owns 3 passive investments.During the current year,he has the following income and loss from each activity:
What is the amount of suspended loss allocated to Activity 2?
A)$- 0 -
B)$1,800
C)$3,000
D)$4,200
E)$6,000

Question

Tim owns 3 passive investments.During the current year,he has the following income and loss from each activity:  ​
What is the amount of suspended loss allocated to Activity 2?
A)$- 0 - 
B)$1,800 
C)$3,000 
D)$4,200 
E)$6,000

Quizplus · Accepted Answer

The Answer of Tim owns 3 passive investments.During the current year,he has the following income and loss from each activity:  ​
What is the amount of suspended loss allocated to Activity 2?
A)$- 0 - 
B)$1,800 
C)$3,000 
D)$4,200 
E)$6,000

Tim Owns 3 Passive Investments