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NEW QUESTION: 1
Cobb, an unmarried individual, had an adjusted gross income of $200,000 in 1990 before any IRA
deduction, taxable social security benefits, or passive activity losses. Cobb incurred a loss of $30,000 in
1 990 from rental real estate in which he actively participated. What amount of loss attributable to this
rental real estate can be used in 1990 as an offset against income from nonpassive sources?
A. $0
B. $12,500
C. $30,000
D. $25,000
Answer: A
Explanation:
Explanation
Choice "a" is correct. Cobb may not use any of the loss attributable to his rental real estate as an offset
against income from nonpassive sources in 1990 because he does not qualify for the "Mom and Pop"
exception. Under this exception, up to $25,000 of passive losses and the deduction equivalent of tax
credits that are attributable to rental real estate may be used as an offset against income from nonpassive
sources. This $25,000 allowance is reduced, but not below zero, by 50% of the amount by which the
individual's modified AGI exceeds $100,000. The $25,000 is therefore completely phased out when
modified AGI reaches $150,000. Because Cobb's AGI was $200,000, he did not qualify for the exception.
Choices "b", "c", and "d" are incorrect. Rental activities are passive activities and generally are not
allowed to use any of the loss attributable to the rental activity to offset any income produced from
nonpassive sources. There is a limited exception in the case of losses from rental real estate in which the
taxpayer actively participates, but Cobb did not qualify for it.

NEW QUESTION: 2
이해 관계자가 프로젝트 변경을 요청합니다. 프로젝트 관리자는 CCB (Change Control Board)의 시간 낭비를 피하고 변경 자체를 승인하기로 결정합니다.
프로젝트 관리자가 승인자를 변경할 수 있도록 하려면 어떻게 해야 합니까?
A. 결정을 내리기 전에 모든 이해 관계자가 투표하도록 요청
B. 변경 사항이 프로젝트 기준에 영향을 미치지 않는지 확인
C. 구현하기 전에 고객의 승인을 얻습니다.
D. 모든 이해 관계자와의 변화 검토
Answer: B

NEW QUESTION: 3
Which SQL statement is used to remove detailed statistical information from the sysdistrib catalog table?
A. UPDATE STATISTICS MEDIUM REMOVE DISTRIBUTIONS
B. UPDATE STATISTICS DISTRIBUTIONS ONLY
C. UPDATE STATISTICS LOW DROP DISTRIBUTIONS
D. UPDATE STATISTICS LOW REMOVE DISTRIBUTIONS
Answer: C


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