Answer:
a. maximum allowable deduction = $25,000 - [50% x ($130,000 - $100,000)] = $25,000 - (50% x 30,000) = $25,000 - $15,000 = $10,000
b. partnerships passive losses must be deducted from passive gains, since there are no passive gains, there are no deductions = $0
c. passive losses can be carried forward for future deductions against passive gains