In 2021, Fred invested $50,000 in a general partnership. Fred's interest is not considered to be a passive activity. If his share of the partnership losses is $35,000 in 2021 and $25,000 in 2022 , how much can he deduct in each year? Fred can deduct $ X in 2021 and $ in 2022 . Fesobsck TCheci My Work The at-risk rules limit the deductiblity of losses from business and income-producing activities