In 2018, wang 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 wang's share. which of the following statements is incorrect?

a) if wang has taxable income of $40,000 from the partnership in 2019 and there are no other transactions that affect his at-risk amount, he can use all of the $20,000 loss carried over from 2018.

b) wang's nondeductible loss of $20,000 can be carried over and used in future years (subject to the at-risk provisions)

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

d) wang's $100,000 loss is nondeductible in 2018 and 2019 under the passive activity loss provisions.

e) all of the statements are correct.
d) wang's $100,000 loss is nondeductible in 2018 and 2019 under the passive activity loss provisions.