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82 Rubio recently invested $20,000 (Lex basis) in purchasing a limited partnership interest. His at risk amount is $10,000. In addition, Rubio's share of the

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82 Rubio recently invested $20,000 (Lex basis) in purchasing a limited partnership interest. His at risk amount is $10,000. In addition, Rubio's share of the limited partnership loss for the year is $22,000, his share of income from a different limited partnership was $4,000, and he had $40,000 in wage in come and $ 10,000 in long LerIn Capital gains. A. How much of Rubio's $22,000 loss can he deduct considering only the Lex basis limitation? [Initial Tex Busis Loss] - 20,000 22,000 - (2,000) | Loss Carryover

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