If a Loss Is Disallowed Under Passive Loss Rules, the Loss

question 19

Multiple Choice

If a loss is disallowed under passive loss rules, the loss is:

• A) Lost forever.
• B) Carried over indefinitely and deductible when passive income is generated.
• C) Carried over indefinitely and deductible when the activity is disposed of.
• D)Both Carried over indefinitely and deductible when passive income is generated and Carried over indefinitely and deductible when the activity is disposed of.

---

Definitions:

Abbreviations

The shortened forms of words or phrases used for convenience.

Clinical Instructor

A healthcare professional responsible for educating and supervising students in a clinical setting, ensuring practical experience.

Minimum Data Set (MDS)

A standardized, primary screening and assessment tool of health status that forms the foundation of the comprehensive assessment for all residents in long-term care facilities.

Federal Law

Legislation passed by the national government of a country, which applies to all its regions and citizens.