Larry recently invested $24,000 (tax basis) in purchasing a limited partnership interest. His at-risk amount is also $24,000. In addition, Larry's share of the limited partnership loss for the year is $2,200, his share of income from a different limited partnership is $1,080, and he has $3,400 of dividend income from the stock he owns. How much of Larry's $2,200 loss from the limited partnership can he deduct in the current year? Deductible loss