Read the requirements. Requirement a. How mud Data table no other so Deductible operating loss Kate Chad Stan $ 100,000 $100,000 $ 50,000 Basis in partnership (before gains and losses) Distributive share of: 50.000 50,000 25,000 Nonrecourse liability (already included in basis and not qualified real estate financing) Operating loss Capital gain (80,000) (80,000) (40,000) 10,000 20.000 20.000 Ch Help me solve this Drint Kate, Chad, and Stan are partners in the KCS Partnership, which operates a manufacturing business. The partners formed the partnership ten years a Chad each as general partners having a 40% capital and profits interest. Kate materially participates: Chad does not. Stan has a 20% interest as a limit end of the current year, the following information was available: (Click the icon to view the information.) Read the requirements. HUDBA Requirement a. How much operating loss can each partner deduct in the current year? (Assume that the partners have no other income from other source Kate Chad Stan E Deductible operating loss Kate, Chad, and Stan are partners in the KCS Partnership, which operates a manufacturing business. The partners formed the partnership ten years ago with Kate Chad each as general partners having a 40% capital and profits interest. Kate materially participates; Chad does not. Stan has a 20% interest as a limited partner. end of the current year, the following information was available: (Click the icon to view the information.) Read the requirements