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I have a net non-passive loss on Sched E from partnership income. Can I offset this loss against income such as interest inc not reported on Sched E?

 
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I have a net non-passive loss on Sched E from partnership income. Can I offset this loss against income such as interest inc not reported on Sched E?

You can use such nonpassive losses to offset any other type of income.

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I have a net non-passive loss on Sched E from partnership income. Can I offset this loss against income such as interest inc not reported on Sched E?

You can use such nonpassive losses to offset any other type of income.

I have a net non-passive loss on Sched E from partnership income. Can I offset this loss against income such as interest inc not reported on Sched E?

Thanks so much. I appreciate it

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