Checkm 5 Larry recently invested $23,000 (tax basis) in purchasing a limited partnership interest. His at risk amount is also $23,000. In addition, Larry's share of the limited partnership loss for the year is $2150, his share of income from a different limited partnership is $1060, and he has $3,300 of dividend income from the stock he owns. How much of Larry's $2,150 loss from the limited partnership can he deduct in the current year? Deductible loss 3ook rences