Jeremy owns a passive activity that has a basis of $$30,000$ and a suspended loss of $$16,000.$ His taxable income from active and portfolio income is $$81,000.$ Assume that Jeremy dies when the passive activity has a fair market value of $$37,000.$ What is the effect on Jeremy's taxable income for the year he dies?

A deduction $$ allowed for a suspended loss on a passive activity held at death. Jeremy is allowed a deduction of $