What is the correct order of the loss-limitation rules?

What is the correct order of the loss-limitation rules?


A) Tax basis, at-risk amount, passive loss limits.

B) At-risk amount, tax basis, passive loss limits.

C) Passive loss limits, at-risk amount, tax basis.

D) Tax basis, passive loss limits, at-risk amount.

E) Passive loss limits, tax basis, at-risk amount.


Answer: A


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