Bow inc a closely held corporation not a psc has a 350000
Bow Inc., a closely held corporation (not a PSC), has a $350,000 loss from a passive activity, $135,000 of active income, and $160,000 of portfolio income. How much is Bow’s taxable income?
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bow inc a closely held corporation not a psc has a 350000 loss from a passive activity 135000 of active income and
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