Lucy sells her partnership interest, a passive activity, with an adjusted basis of $401,000 for $441,100. In addition, she has current and suspended losses of $60,150 associated with the partnership and has no other passive activities. a. Calculate Lucy's total gain and her current deductible loss. Her total gain is $ 40,100 and her deductible loss is $ 20,050 b. What type of income can the deductible loss offset? Lucy's deductible loss is offset against only active and passive activity income X