Jamie Maslov and Teagan Phan Are Equal Partners in Masphan

Jamie Maslov and Teagan Phan are equal partners in Masphan Builders.Jamie is a general partner and Teagan is a limited partner.Each partner invested $20,000 in the company.Masphan experienced a loss of $50,000 this year.Which of the following statements regarding this loss is TRUE?

A) Jamie may claim a loss for tax purposes of $25,000 this year.
B) Teagan may claim a loss for tax purposes of $25,000 this year.
C) Jamie may claim a loss for tax purposes of $50,000 this year.
D) Teagan may claim a loss for tax purposes of $50,000 this year.

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