A taxpayer has interest revenue on corporate bonds of 7000


Problem

A taxpayer has interest revenue on corporate bonds of $7,000, dividend revenue on corporate stocks of $9,000, net income from rental activities of $6,000, and a net loss from a limited partnership of $8,000. What does the taxpayer report for passive activities this year?

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Taxation: A taxpayer has interest revenue on corporate bonds of 7000
Reference No:- TGS02783721

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