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Is regular pension income consdered by IRS a passive income?
1. Is the Pension incomes reported on 1099R considered as passive income?
2. Are any specific passive income losses (e.g., rental real estate losses) allowed to offset the total passive incomes meaning total of all types of passive incomes?
2. Are any specific passive income losses (e.g., rental real estate losses) allowed to offset the total passive incomes meaning total of all types of passive incomes?
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‎April 23, 2020
2:36 PM