Required information

$[$The following information applies to the questions displayed below.$]$

Rubio recently invested $$23,000($tax basis$)$ in purchasing a limited partnership interest in which he will have no

management rights in the company. His at$-$risk amount is $$17,00.$ In addition, Rubio's share of the limited partnership loss

for the year is $$25,900,$ his share of income from a different limited partnership is $$5,450,$ and he has $$43,000$ in wage

income and $$11,500$ in long$-$term capital gains.

a$.$ How much of Rubio's $$25,900$ loss is allowed considering only the tax$-$basis loss limitations$?$

Loss allowed as per tax basis loss limitation