Adjusted basis in the passive activity

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Ramirez’s adjusted basis in a passive activity is $45,000 at the beginning of the year. His loss from the activity for the current year is $14,200. Ramirez has wages of $65,000 and dividend income of $300. At year-end, Ramirez has the following:

Adjusted basis in the passive activity is

At-risk amount in the passive activity is

A suspended passive loss is

Reference no: EM131263202

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