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Jorge owns activity X which produced a $20,000 passive loss last year.Jorge's only income last year was wages of $30,000.Jorge is a material participant in activity X this year when it produces a $14,000 loss.This year,Jorge's wages are $40,000.This year,Jorge also has passive activity income from activity Y of $16,000.What is the total passive activity loss carryover to next year?
Neurosurgeon
A medical specialist who performs surgery on the brain, spinal cord, and other parts of the nervous system.
Biomedical
Pertaining to the application of the natural sciences, especially biology and physiology, to clinical medicine.
Discrimination
Unfair or prejudicial treatment of individuals based on characteristics such as race, gender, age, or sexual orientation.
Canadian Human Rights Commission
An organization that was created by the Canadian Human Rights Act and is separate and independent from the Government of Canada and the Canadian Human Rights Tribunal.
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