Rubio recently invested $30,000 (tax basis) in purchasing a limited partnership interest in which he will have no management rights in the company. His at-risk amount is $22.000. In addition, Rubio's share of the limited partnership loss for the year is $35.000, his share of income from a different limited partnership is $6,500, and he has $50.000 in wage income and $15.000 in long-term capital gains. o. How much of Rublo's $35.000 loss is allowed considering only the tax-basis loss limitations? Loon allowed as per tax basis loss limitation Rubio recently invested $30,000 (tax basis) in purchasing a limited partnership interest in which he will have no management rights in the company. His at-risk amount is $22,000. In addition, Rubio's share of the limited partnership loss for the year is $35,000, his share of income from a different limited partnership is $6,500, and he has $50,000 in wage Income and $15,000 in long-term 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 Rublo recently invested $30,000 (tax basis) in purchasing a limited partnership interest in which he will have no management rights in the company. His at-risk amount is $22,000. In addition, Rubio's share of the limited partnership loss for the year is $35.000, his share of income from a different limited partnership is $6,500, and he has $50,000 in wage income and $15,000 in long-term capital gains. c. How much of Rubio's $35,000 loss from the limited partnership can he deduct in the current year considering all limitations? Deductible loss