Business, 29.11.2019 01:31 caitievincent9739

In 2018, cindy is married and files a joint return. she operates a sole proprietorship in which she materially participates. her proprietorship generates a gross income of $225,000 and deductions of $525,000, resulting in a loss of $300,000. what is cindy’s excess business loss for the year?

a. $-0-.
b. $30,000.
c. $250,000.
d. $280,000.
e. none of the abov

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In 2018, cindy is married and files a joint return. she operates a sole proprietorship in which she...