In 2014, Pearl invests $80,000 for a 10% partnership interest in an activity in which she is a material participant. The partnership reporte losses of $500,00 in 2014 and $450,000 in 2015. Pearl's share of the partnership's losses is $50,000 in 2014 and $45,000 in 2015. How much of the losses can pearl deduct? %50,000 in 2014 and $30,000 in 2015 $50,000 in 2014 and $45,00 in 2015 $0 in 2014 so in 2015 $50,00 in 2014 and $0 in 2015