What Is the Correct Order of the Loss Limitation Rules

question 60

Multiple Choice

What is the correct order of the loss limitation rules?

• A) tax basis, at-risk amount, passive loss limits
• B) at-risk amount, tax basis, passive loss limits
• C) passive loss limits, at-risk amount, tax basis
• D) tax basis, passive loss limits, at-risk amount
• E) passive loss limits, tax basis, at-risk amount