If a Taxpayer Disposes of an Interest in a Passive

question 101

True/False

If a taxpayer disposes of an interest in a passive activity,unused carryover losses are available to the purchaser of the interest.

---

Definitions:

Influences On Creativity

Factors that affect an individual's or group's capability to generate original and useful ideas or solutions.

Quality Circle

A group of workers who voluntarily meet regularly to identify, analyze, and solve work-related problems.

Organization's Structure

The way in which a company or institution is organized, including its hierarchy, departmentalization, and distribution of roles and responsibilities.

Power Distance

A cultural dimension that reflects the extent to which inequality in power is accepted and endorsed by society and its individuals.