In 2019, Cindy Is Married and Files a Joint Return

question 6

Multiple Choice

In 2019, Cindy is married and files a joint return.She operates a sole proprietorship in which she materially participates.Her proprietorship generates gross income of $225,000 and deductions of $525,000, resulting in a loss of $300,000.What is Cindy's excess business loss for the year?

• A)$-0-.
• B)$30,000.
• C)$250,000.
• D)$280,000.
• E)None of these.

---

Definitions:

Race

A social construct that categorizes humans based on physical traits, ancestry, genetics, or social relations.

Ethnicity

Social groups with a shared culture, tradition, language, or nationality influencing a person’s identity and experiences.

Adolescence

A period of both psychological and physical growth that usually takes place from the onset of puberty to the attainment of legal adulthood.

Middle Childhood

A developmental phase typically ranging from ages 6 to 12 years, characterized by significant growth in cognitive, emotional, and social competencies.