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jim13970
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I have a loss from an MLP which will not come through to Schedule E.

 
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1 Reply

I have a loss from an MLP which will not come through to Schedule E.

Losses from an MLP can only be used to offset gains from the same MLP.  So any net losses will be suspended until you get some gains from that MLP, or you sell your entire position (on a final sale, and remaining losses are fully recognized).
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
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