O Required information (The following information applies to the questions displayed below) Rublo recently invested $27,500 (tax basis) in purchasing a limited partnership Interest in which he will have no management rights in the company. His at-risk amount is $20,250. In addition, Rubio's share of the limited partnership loss for the year is $31750, his share of income from a different limited partnership is $6,125, and he has $47,500 in Wage Income and $13,750 in long-term capital gains. a. How much of Rubio's $31750 loss is allowed considering only the tax-basis loss limitations? Loss allowed as per tax basis loss limitation Required information [The following information applies to the questions displayed below.) Rublo recently invested $27,500 (tax basis) in purchasing a limited partnership Interest in which he will have no management rights in the company. His at-risk amount is $20,250. In addition, Rubio's share of the limited partnership loss for the year is $31,750, his share of income from a different limited partnership is $6,125, and he has $47,500 in Wage Income and $13,750 In longterm capital gains. b. How much of the loss from part (a) is allowed under the at-risk limitations? Loss allowed as per at-risk limitation 0 Required information [The following information applies to the questions displayed below) Rublo recently invested $27,500 (tax basis) in purchasing a limited partnership Interest in which he will have no management rights in the company. His at-risk amount is $20,250. In addition, Rubio's share of the limited partnership loss for the year is $31750, his share of income from a different limited partnership is $6,125, and he has $47,500 in wage Income and $13,750 In long-term capital gains. c. How much of Rubio's $31,750 loss from the limited partnership can he deduct in the current year considering all limitations? Deductible loss