k1 Section 212 Deductions

[pgmgate]

It is my understanding that Section 212 Deductions for Partnerships are no longer deductible on Schedule A subject to the 2% limitation.  I want to confirm this and also understand if they can be booked as a future deduction (passive loss) against future proceeds of the partnership and, if so, where is that to be shown on my return.

[halpalms]

They are not deductible including indirect miscellaneous deductions from pass-through entities which are lost if not used in the tax year of the expense.