Tim owns 3 passive investments. During the current year, he has the following income and loss from each activity:
Activity 1 $(7,000)
Activity 2 (3,000)
Activity 3 4,000
What is the amount of suspended loss allocated to Activity 2?
a. $- 0 -
b. $1,800
c. $3,000
d. $4,200
e. $6,000
b
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