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Business, 19.03.2020 22:40 25cotahai

Mara owns an activity with suspended passive losses from prior years of $13,000. In the current year, Mara becomes a material participant in the activity. This year the activity generates $6,000 of income. The net effect of this activity on Mara's current year AGI isGroup of answer choicesa. increase of $6,000.b. decrease of $13,000.c. 0.d. decrease of $7,000.

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Mara owns an activity with suspended passive losses from prior years of $13,000. In the current year...
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