 | Learning Objectives
(See related pages)
When you have completed this chapter, you should understand the following Learning Objectives (LO):
- Explain the process of applying the at-risk rules.
- Describe the rules and applications related to passive activities.
- Explain how the passive activity loss rules and at-risk rules work together to limit
the deductibility of losses.
- Explain the alternative minimum tax and how it is calculated.
|
|