In 2012, Lillian invests $150,000 for a 40% partnership interest in an activity in which she is a material participant. The partnership reports losses of $200,000 in 2012 and $200,000 in 2013. Lillian's share of the partnership losses is $80,000 in 2012 and $80,000 in 2013. How much of the losses from the partnership can Lillian deduct?