Which of the Following Increases the Taxpayer's At-Risk Amount

question 38

Multiple Choice

Which of the following increases the taxpayer's at-risk amount?

• A)A taxpayer's share of recourse liabilities.
• B)A taxpayer's share of qualified nonrecourse liabilities.
• C)A taxpayer's share of nonrecourse liabilities.
• D)Both a taxpayer's share of recourse liabilities and a taxpayer's share of qualified nonrecourse liabilities.