On Jan 1st, 20x8, Jill contributed $18,000 of cash to the XYZ limited patnership for a 25% limited partnership interest. On April 6th, 20x8, XYZ, limited partnership distributed $2,000 to JIll. For the year ended Dec. 31st, 20x8, Jill received the following income/loss allocations from her partnership investments: 1 XYZ, limited partnership allocated a $5,000 loss to Jill 2 ABC limited partnership allocated $2,300 of income to JIll. How much of the $5,000 loss from XYZ limited partnership can Jill deduct in 20x8?