A is a limited partner in Partnership ABC, a partnership that is not involved in the business of holding real property. A has an outside basis in her partnership interest of $30,000. That basis is comprised of $10,000 in cash, $4,000 in past undistributed profits, $10,000 of nonrecourse debt, and $6,000 of recourse. A has passive income for YR 1 of $20,000. Partnership ABC generates a large loss for the year of which $35,000 is allocated to A.

How much of the $35,000 loss may A reflect on her YR 1 income tax return?

How much of As loss is suspended under the basis limitation rules of IRC section 704(d), if any?

How much of As loss is suspended under the at-risk rules of IRC section 465, if any?