In 2019, Kirsten invested $20,000 for a 10% partnership interest (not a passive activity). The partnership has losses of $150,000 in 2019and $250,000 in 2020. Kirsten’s share of the partnership’s losses is $15,000 in 2019and $25,000 in 2020. How much of the losses from the partnership can Kirsten deduct?

a. $0 in 2019 and $0 in 2020.

b. $15,000 in 2019 and $5,000 in 2020.

c. $15,000 in 2019 and $25,000 in 2020.

d. $20,000 in 2019 and $0 in 2020.