QUESTION 1 Kevin owns a 254 limited partnership Interest in a limited partnership. His tae basis and amount at-risk in the activity are $100.000 at the beginning of the tax year, if the limited partnership incurs an operating loss during the year and Kevin's proportionate share of the loss is 5110,000, what is the maximum amount of the loss Kevin can deduct on his current year tax return to the maximum amount of loss he can deduct before considering the passive activity loss rules? A 525.000 3.50 OC 5100.000 0.5110,000