Leslie Ann owned an interest in several limited partnerships in 2016. Gains and losses passed through to Leslie are as follows.
|
Partnership
|
Date Acquired
|
Allocated Gain (Loss)
|
|
O & G 1
|
3/26/84
|
$12,000
|
|
O & G 2
|
5/19/86
|
(30,000)
|
|
O & G 3
|
11/13/88
|
( 5,000)
|
|
O & G 4
|
1/08/89
|
( 6,000)
|
|
O & G 5
|
7/11/90
|
20,000
|
(a) What is Leslie's net passive loss for 2016?
(b) How much of the loss may be deducted against active and portfolio income?
(c) How much of the loss is a suspended loss?