Patrick O’Hara, Social security number 506-23-9876, had the following passive activities Activity A(nonrental activity) had a loss of $6000 Activity
Patrick O’Hara, Social security number 506-23-9876, had the following passive activitiesActivity A(nonrental activity) had a loss of $6000Activity B (nonrental activity) had a net income of $ 10,000Activity C ( rental activity) had a net income of $ 54,000. Activity C also had suspended losses from prior years totaling $ 60,000Activity D ( Rental activity) had a loss of $ 35000 this year and $ […]
