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Arnold purchased interests in two limited partnerships 6

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Reference no: EM13619309

Arnold purchased interests in two limited partnerships 6 years ago. During 2012, Arnold had income of 22.000 from one of the partnerships. He had a loss from the other partnership of 32000 salary income of 35000 and dividend income of 2000. What is Arnold's net passive income or loss before any limitations?

Reference no: EM13619309

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