Passive Loss Allowance

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Subject: Passive Loss Allowance

8 general knowledge quiz questions. It should take around 2 minutes to complete all the questions.

ActiveActivitiesActivityAdjustedAgainstAllowanceAllowingAllowsAmountBackBothCarriedConsideredDeductDeductedDependingDiscourageDoesForwardFromFutureGeneratesGrossIncomeIndefinitelyInvestmentLimitationsLimitingLossMateriallyOffsetOneParticipateParticipatesPassivePreviousProvisionPurposeRegardlessTaxTaxpayerTaxpayersThereThreeUnusedUsedWhichYearYearsYes