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Jeremy is a 10% partner in a partnership. His share of the loss this year is 23,000. The entire loss is passive. His base is

Jeremy is a 10% partner in a partnership. His share of the loss this year is 23,000. The entire loss is passive. His base is in the partnership is 18,000, his at risk amount is 16,000 and he has 11,000 of passive income from other investment. How much of this clause can Jeremy deduct this year? a. 0 0. b. 16,000. c. 18,000. d. 11,000

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