In Year $1,$ Kipp invested $$65,000$ for a $30\%$ interest in a partnership conducting a passive activity. The partnership reported losses of $$200,000$ in Year $1$ and $$100,000$ in Year $2,$ Kipp's share being $$60,000$ in Year $1$ and $$30,000$ in Year $2.$ How much of the losses from the partnership can Kipp deduct assuming he owns no other investments?

A$.$ $$0$ in Year $1,$$$0$ in Year $2$

B$.$ $$60,000$ in Year $1,$$$30,000$ in Year $2$

C$.$ $$60,000$ in Year $1,$ $$5,000$ in Year $2$

D$.$ $$60,000$ in Year $1,$ $$0$ in Year $2$