Clarisse experienced losses on both her rental property and her investment as a limited partner. Which of the following is true about her passive activity losses?

a. They may be deducted from any other taxable income. (This answer is incorrect. In general, passive activity losses may only be deducted from passive activity income.)

b. They cannot be carried forward if not deductible in the current year.

c. Up to $25,000 may be deducted from nonpassive income if the loss is from a passive rental real estate activity.

d. They may be carried forward for no more than 15 years if not deductible in the current year.