TB MC Qu$.06-45($Static$)$ Max, a single taxpayer, has a $$320,000$dots

Max, a single taxpayer, has a $$320,000$ loss from his sole proprietorship in $2024.$ How much of this loss is deductible after considering the

excess business loss rules?

Multiple Choice

$$320,000$

$$305,000$

$$15,000$

$$0$

None of the choices are correct.