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In $2024,$ George invests $$80,000$ for a $20\%$ interest in a partnership in which he is a material participant. The partnership incurs a loss with $$100,000$ being George's share. Which of the following statements is$$incorrect$?$

a$.$If George has taxable income of $$40,000$ from the partnership in $2025$ and there are no other transactions that affect his at$-$risk amount, he can use all of the $$20,000$ loss carried over from $2024.$

b$.$George$\text{'}$s $$100,000$ loss is nondeductible in $2024$ and $2025$ under the passive activity loss provisions.

c$.$As George has only $$80,000$ of capital at risk, he cannot deduct any more than this amount against his other income.

d$.$George$\text{'}$s nondeductible loss of $$20,000$ can be carried over and used in future years $($subject to the at$-$risk provisions$).$

a$.$$$21,500$

b$.$$$0$

c$.$$$29,000$

d$.$$$23,375$