Mr$.$ Tuck and Ms$.$ Under organized a new business as an LLC in which they own equal interests. The new business generated a $$8,000$ operating loss for the year.

Required:

a$.$ If Mr$.$ Tuck$$s marginal tax rate before consideration of the LLC loss is $35$ percent, compute his tax savings from the first$-$year LLC loss. Assume the basis and excess business loss limitations do not apply.