One of the Reasons the At-Risk Rules Did Not Achieve

question 6

Multiple Choice

One of the reasons the at-risk rules did not achieve their objective and the passive loss rules were required concerned

• A)The treatment of nonrecourse debt
• B)The treatment of recourse debt
• C)The ability of taxpayer's to utilize leverage
• D)The limited scope of the rules (i.e., they applied only to a few activities)

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