The limit for subsection
is the lesser of:
(a) the excess referred to in paragraph
(b) that part of the amounts the partnership has deducted or can deduct for the decline in value of the
plant that has been or would be reflected in your interest in the partnership net income or partnership loss (your
) or, if you disposed of part of your interest in the plant, so much of your partnership amount as is attributable to that part of that interest.