Molly Grey $($single$)$ acquired a $30$ percent limited partnership interest in Beau Geste LLP several years ago for $$58,500.$ At the beginning of year $1,$ Molly has tax basis and an at$-$risk amount of $$21,500.$ In year $1,$ Beau Geste incurs a loss of $$200,000$ and does not make any distributions to the partners.

In year $1,$ Molly's AGI $($excluding any income or loss from Beau Geste$)$ is $$62,800.$ This includes $$14,500$ of passive income from other passive activities.

In year $2,$ Beau Geste earns income of $$34,000.$ In addition, Molly contributes an additional $$35,000$ to Beau Geste during year $2.$ Molly's AGI in year $2$ is $$68,100($excluding any income or loss from Beau Geste$).$ This amount includes $$10,860$ in income from her other passive investments.

Required:

Based on the above information, complete the requirements A$1$ to A$3.$

Based on the above information, complete the requirements B$1$ to B$2.$