ten years ago the little redhead girl invested

Ten years ago, the Little Redhead Girl invested $265,000 in Red Baron Limited Partnership. Red Baron Limited Partnership is the Little Redhead Girl's only passive investment. On January 1, 2015, her amount at risk in this activity is $75,000. Her shares of the income and losses is as follows: Little Redhead Girl has no suspended at-risk or passive activity losses at the beginning of 2015. a. How much can Little Redhead Girl deduct in 2015? Show calculations and/or explain how both the at-risk rules and the passive loss rules affect the amount that can be deducted. b. How much can Little Redhead Girl deduct in 2016? Show calculations and/or explain how both the at-risk rules and the passive loss rules affect the amount that can be deducted. c. What is her taxable income from the activity in 2017? Show calculations and/or explain how both the at-risk rules and the passive loss rules affect the amount that can be deducted