if this was a publicly traded partnership, by law the loss is not currently deductible. If it was not a PTP, look at form 8582 and the related worksheets. The loss could be passive resulting in it not being currently deductible.
is it rental real estate? always passive except for a real estate professional and the loss is not deductible if your adjusted gross income ia over 150K before the loss, if it's not rental real estate do you materially participate fin the partnership activities for the loss show on line 1
I f the loss is on other lines, we need to know the line number and the letter, if any, associated with the line number
