Josh Has Investments in Two Passive Activities

question 57

Multiple Choice

Josh has investments in two passive activities.Activity A (acquired three years ago) produces income of $30,000 this year, while Activity B (acquired two years ago) produces a loss of $50,000.What is the amount of Josh's suspended loss for the year?

• A)$0
• B)$18,000
• C)$20,000
• D)$50,000
• E)None of these

---

Definitions:

Physical Violence

Involves the use of physical force with the intention of injuring, harming, or killing others.

Abusive Families

Households characterized by behaviors where one or more members harm or neglect others, leading to physical, emotional, or psychological damage.

Empathy

The ability to understand and share the feelings of another person, essentially putting oneself in another’s shoes.

Vulnerability

The susceptibility to being wounded or harmed, either physically, emotionally, or socially.