Billy Bob is at risk for $$10,000$ in Partnership A and $$22,000$ in Partnership B on January $1,2015.$ Both partnerships are passive activities to Billy Bob. Billy Bob$$s share of net income from Partnership A during $2015$ was $$8,000.$ His share of losses from Partnership B was $$12,000.$ What are the tax consequences to Billy Bob for $2015?$ How much is he at risk for each activity on January $1,2016?$ Does he have any loss carryovers under the at$-$risk rules? Does he have any suspended losses under the passive loss rules? What would be your answer to Problem $31$ if Billy Bob$$s share of net income from Partnership A was $$9,000$ and his loss from Partnership B was $$25,000?$