jsoles24
Level 3
04-08-2022
04:35 PM
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With her husband's AGI, her 2021 AGI is double her 2020. So I believe that yes her passive activity loss phased out because her AGI is greater than $150,000 for MFJ. In 2020 when she was Single, her AGI was $108,000 so she was able to take a portion of her passive activity loss. Thanks TaxGuyBill