Mara Owns an Activity with Suspended Passive Losses from Prior

question 85

Multiple Choice

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 is a(n)

• A)increase of $6,000.
• B)decrease of $13,000.
• C)0)
• D)decrease of $7,000.

---

Definitions:

Barista

A person who is specially trained in the preparation and serving of coffee drinks, typically in a coffee shop or café setting.

Tasks

Specific activities or pieces of work assigned to individuals or groups, often aimed at achieving a particular goal.

Job Done

Refers to the completion of a task or assignment, fulfilling or meeting its required objectives.

Leadership Grid

A model used to evaluate leadership styles based on concern for people versus concern for production, developed by Robert Blake and Jane Mouton.